GDC Issues Profit Alert, Anticipates Annual Net Income of HK$14 Million, Turning Loss into Profit

Deep News
Mar 08

GDC (08271) has released an announcement indicating an expected profit of not more than HK$14 million for the group's 2025 fiscal year. This represents a significant improvement compared to the loss of HK$63.8 million recorded during the same period in 2024.

The turnaround to profitability is primarily attributed to two factors. Firstly, the net loss from continuing operations decreased by approximately HK$41.4 million. Secondly, the group recognized a one-time net gain of about HK$33 million. This gain resulted from the deconsolidation of the discontinued operation, Guangdong Global Digital Creative Industry Co., Ltd., following its bankruptcy proceedings.

The bankruptcy liquidation application for Guangdong Global Digital Creative Industry Co., Ltd. has been accepted by the court, and a bankruptcy administrator has been formally appointed. Consequently, the company is no longer considered to have control over Guangdong Global Digital, and its financial performance is no longer consolidated into the group's financial results. On September 28, 2025, the Guangzhou Intermediate People's Court in Guangdong Province declared Guangdong Global Digital Creative Industry Co., Ltd. bankrupt.

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