NIU HOLDINGS (08619) issues profit warning, expecting a net loss of approximately HK$96 million to HK$99 million for the year.

NIU Holdings (08619) announced that the group expects to incur an estimated net loss of approximately HK$96 million to HK$99 million for the year ending on March 31, 2026, while the net profit for the fiscal year ended on March 31, 2025, was approximately HK$64.5 million. The decrease is mainly due to a fair value loss of approximately HK$74 million on financial assets recognized at fair value through profit or loss as of March 31, 2026, compared to a fair value gain of approximately HK$77.7 million for the same period last year, which was caused by capital market fluctuations; operating loss is approximately HK$22 million, compared to a loss of approximately HK$13.2 million for the same period last year.