DYNASTY WINES (00828) issues a profit warning, expecting to achieve a consolidated profit of approximately HKD 400,000 to HKD 1,200,000 for the first half of the year, a year-on-year decrease of about 85% to 95%.

DYNASTY WINES (00828) announced that the group expects to achieve a consolidated profit of approximately HK$400,000 to HK$1,200,000 in the first half of 2026, representing a year-on-year decrease of about 85% to 95%. The board believes that the decline in profit is mainly due to two factors in the first half of 2026: 1) sales revenue has been significantly impacted by weak demand in the Chinese wine consumption market, leading to a decrease in gross profit; and 2) an increase in other income, such as the cancellation of long-aged payables and a reduction in management expenses, somewhat offset the impact of declining revenue on profit. The group has been closely monitoring market conditions and adjusting its business strategy, such as promoting low-alcohol sparkling wines and self-flowing juice beverages. The group has also strengthened cost control and promptly taken appropriate measures.