Hanpin Life Technology (01682.HK) issues profit warning, expecting a net loss of approximately 1.96 million Hong Kong dollars for the middle term, a turnaround from profit to loss compared to the same period last year.

The Zhitong Finance APP reported that Hangpin Life Technology (01682.HK) has announced that the group is expected to incur a net loss of approximately 1.96 million Hong Kong dollars for the six months ending September 30, 2025, compared to a net profit of approximately 3.78 million Hong Kong dollars for the same period in 2024. This is primarily due to a decrease in fair value gains from changes in fair value of financial assets measured at fair value through profit or loss by approximately 3.63 million Hong Kong dollars; and an increase in administrative and operating expenses of approximately 920,000 Hong Kong dollars.