GROWN UP GROUP (01842) announced that compared to the net loss of approximately HK$5.8 million for the six months ended June 30, 2024, the group may incur an increased net loss of approximately 40% to 50% in the first half of 2025.

The expected increase in net loss for the first half of 2025 is primarily attributable to: (i) a slight decrease in revenue in the first half of 2025, mainly due to ongoing tariff-related pressures in the United States; (ii) recognition of unrealized fair value losses on listed securities investments of approximately HK$3.3 million in the first half of 2025, compared to losses of HK$2.2 million in the first half of 2024; and (iii) an increase in administrative expenses of approximately HK$1.9 million, mainly due to the group's efforts to strengthen its diversified supply chain network and advance business development initiatives.