DIRECTEL Warns of Widened Interim Loss, Projects HK$6.9 Million Deficit

Stock News
Aug 21

DIRECTEL (08337) has issued a profit warning, indicating that it expects to record a loss attributable to equity shareholders of approximately HK$6.9 million for the six months ending June 30, 2026.

This projected figure marks a significant increase from the loss of about HK$4.2 million reported for the corresponding period in the prior year, which ended June 30, 2025.

The anticipated rise in losses is primarily driven by two key factors. Firstly, the company recognized an impairment loss on trade receivables of roughly HK$1.7 million during the current period. Secondly, due to the reconfiguration of the group's information technology systems, maintenance and repair expenses for the period have surged by approximately 1.3 times compared to the previous period, amounting to about HK$1.1 million.

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