Honor Matrix warns of 63.64% revenue slide for H1 2026; net profit to remain flat at HK$0.70 million

Bulletin Express
Yesterday

Honor Matrix Holdings Limited (Honor Matrix) has issued a profit warning for the six months ended 30 June 2026. Based on unaudited management accounts, revenue is expected to decline 63.64% year-on-year to approximately HK$6.00 million (H1 2025: HK$16.50 million). Despite the sharp top-line contraction, the Group forecasts a net profit of not less than HK$0.70 million, broadly unchanged from the HK$0.70 million recorded a year earlier.

Management attributes the revenue fall primarily to reduced sales from the goods trading segment. This shortfall has been partially offset by stronger performance in immigration and education consultation services, a business line that delivers higher gross margins than product sales.

The Board emphasised that the figures are preliminary and unaudited. Full interim results are scheduled for release by the end of August 2026, in accordance with GEM Listing Rules.

Shareholders and potential investors are advised to exercise caution when dealing in Honor Matrix securities until the detailed interim results are published.

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