ORIENTAL M G (00018) issues positive profit alert, expecting interim consolidated profit attributable to shareholders of approximately HK$4 million to HK$5 million

ORIENTAL M G (00018) announces that the Group expects to record an unaudited consolidated profit attributable to owners of the Company of approximately HK$4 million to HK$5 million for the six months ended 30 September 2026 (the Reporting Period) (six months ended 30 September 2025: approximately HK$1.283 million), despite a decline of approximately HK$33 million in revenue from the Group's media and lending businesses due to the adverse macroeconomic environment. The Board considers that the expected increase in unaudited consolidated profit attributable to owners of the Company is mainly due to (i) the Group's continued streamlining of manpower, which reduced staff costs by approximately HK$22 million; (ii) reduced use of printing raw materials and consumables, which led to a decrease of approximately HK$2.3 million in the cost of raw materials and consumables used; (iii) a decrease of approximately HK$4.9 million in the net fair value loss on investment properties; and (iv) no loss allowance for expected credit losses on loans receivable and interest being required for the lending business during the Reporting Period.