MOMENTUM FIN (01152.HK): Expects H1 Turnaround to Net Loss of Approximately HKD 3.2 Million
NewTimeSpace News: On 28 August 2026, Momentum Financial Holdings Limited (stock code: 01152) issued a profit warning, expecting a consolidated net loss of approximately HKD 3.2 million for the first half of 2026, turning around from a net profit of approximately HKD 3.6 million in the prior-year period.
The announcement attributed the turnaround mainly to lower gross profit, higher administrative and other expenses, and higher income tax expenses. The interim results announcement is expected to be published no later than 31 August 2026.
NewTimeSpace Disclaimer: All content herein is the original work of NewTimeSpace. Any reproduction, reprinting, or use of this content in any other manner must clearly indicate the source as "NewTimeSpace". NewTimeSpace and its authorized third-party information providers strive to ensure the accuracy and reliability of the data, but do not guarantee the absolute correctness thereof. This content is for reference only and does not constitute any investment advice. All transaction risks shall be borne by the user.
- MOMENTUM FIN(01152.HK): Wholly-owned Subsidiary Shanghai Duofeng Signs Framework Cooperation Agreement with JD Technology to Develop Large Model Platforms and AI Agents
- MOMENTUM FIN (01152.HK) plans to issue in total 104.27 million shares by placement, with estimated net proceeds of HKD 20.5 million
