HERBS GROUP (02593.HK): Expects Interim Net Loss to Narrow by 40%-53% on Lower Advertising and Promotion Expenses
NewTimeSpace News: On 12 August 2026, Herb Standard Group (02593.HK) released a profit forecast. The interim net loss is expected to narrow to approximately HK$3.5 million to HK$4.5 million (compared with around HK$7.5 million in the same period of 2025), representing a reduction of roughly 40% to 53%. The improvement is mainly attributable to lower advertising and promotion expenses, which is partially offset by declines in revenue and gross profit resulting from weaker sales in the retail business.
NewTimeSpace News: On 12 August 2026, Herb Standard Group Holdings Limited (Stock Code: 02593) released a profit forecast. The Group expects to record a net loss ranging from approximately HK$3.5 million to HK$4.5 million for the six-month period ending 30 June 2026. The loss narrowed from around HK$7.5 million in the corresponding period of 2025, representing a reduction of roughly 40% to 53%.
According to the announcement, the change was mainly driven by lower advertising and promotion expenses during the reporting period (including online advertisements, offline advertisements, and engagement fees for artists and KOLs). However, such positive effect was partially offset by declines in revenue and gross profit, primarily resulting from weaker sales in the retail business. The figures are based on preliminary assessment and have not been audited by the auditors or reviewed by the audit committee; actual results may differ. The interim results announcement is expected to be published before the end of August 2026.
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