Symphony Holdings Issues Profit Alert: Significant Reduction in Annual Net Loss Forecast for FY2025

Key Highlights

• Profit Alert Announced: Symphony Holdings Limited has issued a profit alert indicating a substantial reduction in its annual net loss for the financial year ending 31 December 2025 (FY2025).
• Expected Net Loss: The company anticipates a net loss attributable to owners of not more than HKD 35 million for FY2025, a marked improvement from the net loss of approximately HKD 143 million recorded for FY2024.
• Key Drivers of Improvement:
  • Increase in other income and gains.
  • Reduction in finance costs.
  • No loss on disposal of financial assets in FY2025, unlike in FY2024.
  • Fair value gain on financial assets measured at fair value through profit or loss.
• Final Results Pending: The figures are based on preliminary unaudited consolidated financial information and have not yet been reviewed by the company’s independent auditor or audit committee.
• Final Results Announcement: The company expects to publish its final audited annual results for FY2025 by the end of March 2026.

Details for Shareholders and Investors

The Board of Directors of Symphony Holdings has notified shareholders and potential investors that, based on its preliminary assessment, the group is expected to post a net loss of not more than HKD 35 million for FY2025. This forecast represents a significant improvement of approximately HKD 108 million compared to the HKD 143 million loss in FY2024.

The improvement stems from several contributing factors:

• Other Income and Gains: The company has reported an increase in other income and gains, which has helped offset losses.
• Reduction in Finance Costs: Lower finance costs have contributed positively to the bottom line.
• Absence of Loss on Disposal of Financial Assets: In FY2024, the company recorded a loss on the disposal of financial assets, which was not repeated in FY2025.
• Fair Value Gain: The company recorded a fair value gain on financial assets measured at fair value through profit or loss in FY2025.

The Board emphasized that the current information is preliminary and unaudited, subject to potential adjustments after review by the independent auditor and audit committee.

Potential Impact on Share Price

This announcement is likely to be price sensitive. The sharp reduction in expected net loss, if confirmed in the audited results, could be viewed positively by the market and may have a favorable impact on the company’s share price. Investors should, however, remain cautious, as the final results are still pending and may differ from the preliminary figures.

Important Caution for Investors

The company has advised shareholders and potential investors to exercise caution when dealing in its shares, given that the final audited results are yet to be released and the preliminary assessment may be subject to change.

Corporate Information

• Chairman & CEO: Mr. Cheng Tun Nei
• Other Executive Directors: Mr. Chan Kar Lee Gary, Mr. Lee Cheung Ming, Ms. Fung Kim Wan Ewim
• Independent Non-Executive Directors: Mr. Shum Pui Kay, Mr. Wah Wang Kei Jackie, Ms. Ma Yin Fan

Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Investors should refer to the official audited results announcement of Symphony Holdings Limited, expected by the end of March 2026, and seek independent professional advice where appropriate. The information contained herein is based on preliminary, unaudited figures and may be subject to change.

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