NOVAUTEK Issues Profit Warning, Anticipates Narrowed Interim Loss to Approximately HK$30.5 Million

Stock News
Feb 13

NOVAUTEK (00519) has announced that the group expects to report a loss of approximately HK$30.515 million for the six-month period ending December 31, 2025. This represents a reduction in loss of about HK$43.364 million compared to the same period last year. The board attributes the decreased loss primarily to the net impact of several factors, including an increase in revenue to approximately HK$20.878 million. A significant contributor to this revenue growth is the notably higher proportion of income generated from AI robotics. Additionally, the group recognized a net fair value gain on investment properties of about HK$4.316 million, a substantial improvement from the net fair value loss of approximately HK$43.982 million in the corresponding period of 2024. Furthermore, the fair value loss on financial assets measured at fair value through profit or loss decreased to HK$12.726 million. Conversely, the gain on the sale of such financial assets also decreased, to approximately HK$797,000.

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