Moon Inc. issued a profit warning, indicating an expected loss attributable to owners of the Company between HK$190 million and HK$200 million for the six months ended 30 September 2025, in contrast to a profit of approximately HK$691,000 in the same period last year.

According to the announcement, the turnaround from profit to loss primarily stems from the initial recognition of the derivative component of convertible notes issued and converted on 23 May 2025, amounting to about HK$193 million. The issuance of these notes increased the Group’s net assets, and the resulting loss represents a one-off, non-cash event with no adverse impact on operations or cash flow.

The interim results announcement will be published by the end of October 2025. The Board advises shareholders and potential investors to exercise caution when dealing in the Company’s shares.