Oriental Explorer Holdings Limited Issues Supplemental Profit Warning: Significant Widening of Loss Expected for 2025

Hong Kong, 23 March 2026 – Oriental Explorer Holdings Limited (the “Company”), together with its subsidiaries (the “Group”), has issued a supplemental announcement to its earlier profit warning, providing a detailed update regarding the Group’s financial performance for the year ending 31 December 2025.

Key Points for Investors

• Substantial Increase in Expected Loss:
  The Group now anticipates a loss attributable to owners of the Company in the range of HK\$390 million to HK\$490 million for the year 2025. This represents a dramatic increase compared to the loss attributable to owners of the Company of approximately HK\$38 million for the year ended 31 December 2024.
• Magnitude of Loss:
  The projected loss for 2025 is over ten times greater than that of the previous year, signaling a significant deterioration in the Group’s financial performance.
• Supplemental Nature:
  This announcement serves as a supplement and update to the prior profit warning issued on 20 March 2026. Investors are urged to read this update in conjunction with the earlier announcement for a comprehensive understanding.

Shareholder Considerations

• Material Price-Sensitive Disclosure:
  The scale of the expected loss for 2025 is highly material and may have a significant impact on the Company’s share price. Shareholders and potential investors should exercise extreme caution when dealing in the Company’s shares.
• No Change to Other Information:
  Other than the updated loss estimate, all other information and content from the previous announcement remain unchanged.

Corporate Governance Update

As of the date of this announcement, the Board of Directors comprises the following members:

• Executive Directors: Mr. Lau Chi Yung, Kenneth (Chairman), Mr. Lau Michael Kei Chi, Ms. Leung Wei San Saskia
• Independent Non-Executive Directors: Mr. Lo Mun Lam, Raymond; Mr. Lo Kam Cheung, Patrick; Mr. Tsui Ka Wah; Mr. Ng Sing Yip

Conclusion

The Company’s revised loss estimate for 2025 is a clear signal of challenging business conditions. This development is highly significant and price-sensitive, and investors should closely monitor further announcements from the Company for any additional updates.

Disclaimer: This article is prepared for informational purposes only and does not constitute investment advice. Investors should conduct their own due diligence and consult professional advisors before making any investment decisions. The information is based on the Company’s official announcements and is subject to change without notice.

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