BYTE META (08645) Issues Profit Warning, Expects Annual Loss Attributable to Shareholders to Increase to Not More Than HK$22 Million

BYTE META (08645) has issued an announcement that the Group expects to record an increase in loss attributable to owners of the Company to not more than HK$22 million for the year ended 30 June 2026, compared to a net loss attributable to owners of the Company of approximately HK$11.5 million for the year ended 30 June 2025. The Board considers that the expected increase in net loss for the year is mainly attributable to (i) the recognition of a share of results of associates of approximately HK$3.7 million as a loss for the year (prior year: profit of approximately HK$4.1 million); and (ii) the absence of a one-off gain of approximately HK$5.5 million recognized in the prior year from the disposal of Micong Technology Information (Shenzhen) Co., Ltd. and its subsidiaries.