Quam Plus International Financial Limited (stock code: 00952; abbreviation: Quam Plus Fin) announced a profit warning, projecting a consolidated loss before tax of not more than HKD235.00 million for the year ended 31 December 2025, compared with a HKD66.00 million loss recorded in 2024.

The enlarged expected loss is mainly attributed to: 1. Fair value loss on the Group’s unlisted equity investment in Fortune Origin Group Limited. 2. Expected credit-loss provisions related to credit loans and other financial assets measured at amortised cost.

Management emphasised that both factors are non-cash in nature and therefore will not affect operating cash flow.

Operationally, revenue from core businesses—namely asset management, brokerage, and corporate finance fee and commission income, alongside interest income from the brokerage segment—showed year-on-year growth. The Group also reported cost savings driven by improved operating efficiency.

The figures are based on the latest unaudited management accounts and have not yet been reviewed by the independent auditors or the audit committee. Quam Plus Fin plans to release its audited annual results on or before 31 March 2026.

Shareholders and potential investors are advised to exercise caution when dealing in the Company’s shares.