The board of directors (the “Board” or “Directors”) of the Company announces the audited consolidated results of
the Group for the year ended 31 December 2025 (the “Year”). The audited consolidated results for the Year have
been reviewed by the audit committee of the Company (the “Audit Committee”) and audited by the auditor of the
Company, BDO Limited.
For the Year, the Group recorded a loss for the Year attributable to owners of the Company of approximately
HK$64.79 million (2024: loss of approximately HK$148.21 million) which is primarily attributable to the net valuation
losses on fair value of financial assets at fair value through profit or loss amounted to approximately HK$45.46
million (2024: net valuation losses on fair value of financial assets at fair value through profit or loss of approximately
HK$160.58 million) and the general and administrative expenses incurred during the Year of approximately HK$26.50
million (2024: approximately HK$16.34 million). The finance income for the Year was approximately HK$7.66 million
(2024: approximately HK$5.70 million). The Group’s net valuation losses on fair value of financial assets at fair
value through profit or loss for the Year amounted to approximately HK$45.46 million (2024: loss of approximately
HK$160.58 million). The general and administrative expenses of the Group for the Year were approximately
HK$26.50 million (2024: approximately HK$16.34 million). The increase mainly resulted from the increase in business
and management fees during the Year. The finance expense for the Year was approximately HK$0.60 million (2024:
HK$0.21 million). The Group’s net asset value decreased to approximately HK$929.33 million (2024: approximately
HK$994.13 million). Loss per share for the Year amounted to approximately HK$2.23 cents (2024: loss per share
approximately HK$5.11 cents).
