EVER HARVEST GP Anticipates 90% Drop in Profit for First Half of 2026

Stock News
Aug 17

EVER HARVEST GP (01549) has issued a profit warning, announcing that the group expects its profit attributable to equity holders for the six months ending June 30, 2026, to decrease by approximately HK$6.9 million, or about 90%, compared to the profit of approximately HK$7.7 million recorded in the same period of 2025.

The primary reason for this decline is a reduction in other income, particularly a net loss recognized on financial assets measured at fair value through profit or loss during the current period, whereas a net gain was recorded in the prior corresponding period. Additionally, the company received less government subsidies. The company's other income has decreased, especially as the current period's financial assets at fair value through profit or loss resulted in a net loss, compared to a net gain in the same period last year, and the amount of government subsidies received has also declined.

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