HONY MEDIA (00419.HK): Expects H1 Loss to Narrow to Below HKD 10 Million
NewTimeSpace News: On 14 August 2026, Hony Media Group (stock code: 00419) issued a profit warning, expecting a loss of less than HKD 10.0 million for the first half of 2026, narrowing sharply from a loss of approximately HKD 43.0 million in the prior-year period.
The announcement attributed the narrowing mainly to the turnaround of its Yizhinou business segment, which recorded a segment profit of approximately HKD 3.0 million (versus a segment loss of approximately HKD 12.0 million a year earlier); a gain of approximately HKD 5.0 million from discontinued operations following the disposal of its smart healthcare service platform business in January 2026 (versus a loss of approximately HKD 2.0 million a year earlier); and a gain of approximately HKD 11.0 million from the modification of convertible bonds resulting from the extension of principal maturity and interest payment dates (nil in the prior-year period). The interim results are expected to be published on 27 August 2026.
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