Multifield International Holdings Issues Significant Profit Warning for 2025 Financial Year

Key Points Investors Must Note:

• Expected Turnaround to Substantial Loss: Multifield International Holdings Limited (the “Company”, together with its subsidiaries, the “Group”) has announced a profit warning, forecasting a consolidated loss before taxation of approximately HK\$650 million to HK\$730 million for the year ended 31 December 2025.
• Sharp Contrast to Previous Year: This anticipated loss stands in stark contrast to the consolidated profit before taxation of approximately HK\$317 million recorded for the year ended 31 December 2024.
• Primary Cause – Fair Value Loss on Investment Properties: The expected loss is mainly attributable to a non-cash fair value loss upon the revaluation of the Group’s investment properties. According to the Board, this adjustment does not materially impact the Group’s core operations or cash flows.
• Financial Position Remains Solid: Despite the significant non-cash loss, the Board reassures shareholders that the Group’s overall financial position remains “sound and solid.”
• Results Not Yet Audited: The figures in this announcement are based on the Board’s preliminary review of unaudited management accounts and have not been audited or reviewed by the Company’s auditors or audit committee. Actual results may differ when audited figures are available.
• Annual Results Announcement Timeline: The Group expects to publish its full audited annual results for the year ended 31 December 2025 before the end of March 2026.

Important Information for Shareholders and Potential Investors:

• Price-Sensitive Nature: The projected swing from profit to a substantial loss is highly price-sensitive and could have a material impact on the Company’s share price.
• Exercise Caution: The Company strongly advises shareholders and potential investors to exercise caution when dealing in the shares of the Company until the final annual results are released.
• Leadership and Board Composition: As of the date of this announcement, the Board is chaired by Mr. Lau Chi Yung, Kenneth, with two other executive directors and four independent non-executive directors.

Detailed Financial Context

The expected loss for 2025 is primarily due to the fair value loss on the Group’s investment properties—a non-cash accounting adjustment. While this impacts reported profit, it does not reflect any significant deterioration in the Group’s underlying business operations or liquidity position. Nevertheless, the magnitude of the loss relative to the prior year’s profit is considerable and represents a material and price-sensitive disclosure.

The Board emphasizes that the figures are based on preliminary assessments and unaudited management accounts. Shareholders are urged to await the formal audited results for the final and authoritative financial position.

Next Steps

The Company will publish its audited annual results for the year ended 31 December 2025 before the end of March 2026. All investors and stakeholders are encouraged to review the official results announcement for the most up-to-date and accurate information.

Disclaimer

This article is based on the Company’s profit warning announcement and other information provided by Multifield International Holdings Limited. The information is subject to change upon the release of the audited annual results. Investors are cautioned to make investment decisions based on the most current and complete information available. This article does not constitute financial advice.

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