MOON INC issued a profit warning, expecting a mid-term loss attributable to shareholders of approximately HKD 190 million to HKD 200 million, a year-on-year turnaround from profit to loss
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MOON INC issued a profit warning, expecting to record a loss attributable to shareholders of approximately HKD 190 million to 200 million for the interim period ending September 30, 2025, compared to a profit of HKD 691,000 in the same period last year. The loss is primarily due to the initial recognition of convertible note derivatives, amounting to approximately HKD 193 million. The board believes that issuing convertible notes is an appropriate financing method, and the loss is a one-time non-cash event that has no adverse impact on operations and cash flow
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