HK Stock Market Move | SYNERTONE (01613) drops more than 14% after issuing profit warning, expected annual loss of approximately HK$45 million.

SYNERTONE (01613) fell more than 14% after issuing a profit warning, with a decrease of 14.12% to HKD 0.365 at the time of reporting, with a trading volume of HKD 1.6266 million. On the news front, on June 17th, SYNERTONE announced that the group is expected to incur an annual loss of approximately HKD 45 million for the year ending March 31, 2026, compared to a loss of approximately HKD 36 million for the year ending March 31, 2025. The loss is mainly due to an expected annual income of approximately HKD 36.8 million, a decrease of about 68.5% compared to the income of approximately HKD 116.9 million for the same period in 2025; as well as a fair value loss of approximately HKD 23.7 million on financial assets measured at fair value.