Hilong Holding Limited Issues Profit Warning: Anticipates Significant Loss for FY2025

Key Points from the Announcement

• Profit Warning Issued: Hilong Holding Limited (Stock Code: 1623) has issued a profit warning, disclosing that the Group expects to record a net loss of not more than approximately RMB450 million for the financial year ended 31 December 2025.
• Comparison with Previous Year: This loss is a substantial reversal from the net profit of RMB30.0 million reported for the year ended 31 December 2024.
• Main Reason for the Loss: The significant loss is mainly attributable to the loss on the disposal of a vessel, as disclosed in the Company’s earlier circular dated 25 September 2025.
• Stability of Core Operations: Aside from the vessel disposal, the Group’s business operations remain stable and are not materially affected.
• Preliminary Figures: The financial information provided is based on the Board’s preliminary review of unaudited consolidated management accounts and has not yet been reviewed or audited by the Company’s auditors or audit committee.
• Final Results Timeline: The official audited annual results are expected to be published before the end of March 2026.

Important Information for Shareholders and Investors

• Potential Price Sensitivity: The anticipated net loss of up to RMB450 million—primarily from the vessel disposal—represents a significant deterioration in the Group’s financial performance compared to the previous year’s profit. This could have a material impact on the valuation of Hilong Holding Limited’s shares and may lead to increased volatility or downward pressure on the share price.
• Ongoing Business Stability: Management emphasizes that, other than the vessel disposal, the Group’s operations remain stable. This may provide some reassurance to investors concerned about the underlying health of the business.
• Uncertainty in Final Results: As the reported figures are preliminary and unaudited, the final audited results may differ from the numbers currently disclosed. Shareholders are advised to await the official results announcement for complete details.
• Regulatory Context: The announcement is made in accordance with Hong Kong Listing Rules and the Securities and Futures Ordinance, emphasizing its importance and regulatory compliance.

Actionable Insights

• Caution Advised: All holders of the Company’s securities and potential investors are strongly advised to exercise caution when dealing in the shares of Hilong Holding Limited until the audited results are released.
• Disclosure of Directors: The announcement also lists the current Board of Directors, noting the key individuals responsible for overseeing the Company during this period of transition.

Conclusion

The anticipated significant loss resulting from the vessel disposal represents a major negative development for Hilong Holding Limited and is likely to be a price-sensitive event. Investors should closely monitor subsequent disclosures and the official audited results for any updates or changes to the loss estimate.

Disclaimer: The information provided in this article is based on the preliminary and unaudited figures disclosed by Hilong Holding Limited. Investors should exercise caution and not rely solely on this summary when making investment decisions. The final audited annual results to be published before the end of March 2026 may differ from the information presented here. Please consult the official filings and seek professional advice where necessary.

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