Wise Ally International Holdings (09918.HK): Expected Net Loss of Approximately HK$55 Million for First Half

NewTimeSpace News: On 5 August 2026, Wise Ally International Holdings (09918.HK) issued a profit warning. Based on preliminary review of the unaudited consolidated management accounts, the Group expects to register a net loss of approximately HK$55 million for the reporting period, compared with a net profit of about HK$14.3 million in the corresponding period of 2025, which included a one-off gain of approximately HK$23.2 million arising from changes in fair value of financial assets measured at fair value through profit or loss.

According to the announcement, the loss is mainly attributable to weakened consumer confidence amid geopolitical tensions and macroeconomic uncertainties, together with softer customer demand, leading to an approximately 34% year-on-year decline in revenue. Meanwhile, affected by geopolitical risks, oil price volatility and expansion in the AI and electric vehicle sectors, costs of raw materials and electronic components rose substantially, pushing up production costs and compressing gross profit margins.

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