ELATE HOLDINGS (00076) Issues Profit Warning, Expects Interim Shareholder Loss of Approximately $15 Million, Turning from Profit to Loss Year-on-Year

Stock News

08/25

ELATE HOLDINGS (00076) announced that the group expects to record a loss attributable to owners of the company of approximately $15 million for the period (six months ended June 30, 2025), compared to a profit attributable to owners of the company of approximately $27.7 million for the same period in 2024. The loss recorded during the period was primarily due to the recognition of unrealized net losses on financial assets at fair value through profit or loss of approximately $26.8 million.

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