Culturecom Holdings Limited (the "Company") has provided an update indicating that, based on preliminary assessments of unaudited consolidated management accounts for the six months ended 30 September 2025, the Group anticipates an unaudited loss between approximately HK$26.0 million and HK$36.0 million. This range contrasts with a loss of approximately HK$11.6 million for the six months ended 30 September 2024.
The primary factor behind the widened loss is an impairment loss recognized in intangible assets and deposit payments for intangible assets. Management attributes this impairment to intensifying competition in the current smart/AI product market and their decision to adopt a prudent strategy regarding future investments in Chinese smart products.
The Company underscores that these figures are based on the latest management accounts, which have not yet been reviewed or audited. The interim results announcement for the period is expected to be published by 27 November 2025. The Company also advises shareholders and potential investors to exercise caution when trading its securities.