VISION VALUES (00862.HK): Expects FY2026 Loss Attributable to Owners of About HKD 437,000,000 to HKD 440,000,000
- The increase in the net loss for the financial year was mainly attributable to the recognition of a fair value loss on the derivative component of convertible notes (charged to profit or loss) of approximately HKD 395,400,000 .
- The Board emphasised that the fair value loss is a non-cash item with no impact on the Group's cash flow, and the Company issued the convertible notes on 29 May 2026.
- The annual results remain to be finalised, and the information in the announcement has not been finalised, reviewed or audited by the independent auditor or confirmed by the audit committee, and may be subject to adjustment or change.
NewTimeSpace News: On 14 September 2026, Vision Values Holdings Limited (stock code: 00862.HK) issued a profit warning announcing that, based on a preliminary review of the Group's latest unaudited consolidated management accounts and other information currently available to the Board, the Group is expected to record a loss attributable to owners of the Company of approximately HKD 437,000,000 to HKD 440,000,000 for the year ended 30 June 2026, compared with a net loss of approximately HKD 56,200,000 for the year ended 30 June 2025.
The announcement disclosed that the increase in the net loss for the financial year was mainly attributable to the recognition of a fair value loss on the derivative component of convertible notes (charged to profit or loss) of approximately HKD 395,400,000 (2025: nil). The Board emphasised that this fair value loss is a non-cash item and will not have any impact on the Group's cash flow. The Company issued the convertible notes on 29 May 2026, further details of which are set out in the Company's circular dated 5 May 2026.
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