NEW SILKROAD (00472) issues a profit warning, expecting a mid-term net loss attributable to shareholders to narrow to approximately HKD 13 million to 17 million compared to the same period last year.

New Silkroad Culturaltainment Holdings Group (00472) announced that, based on the Group's preliminary review of the unaudited consolidated management accounts for the six months ending June 30, 2026 (the "Period"), the Group anticipates a reduction in the net loss attributable to the owners of the Company, amounting to approximately HKD 13.9 million to HKD 17 million, while the net loss for the same period in 2025 was approximately HKD 41.7 million. This is mainly attributed to a decrease in impairment losses on goodwill. The impairment losses are a non-cash item and are expected not to adversely affect the Group's operating cash flow or business operations.