GDC Issues Profit Warning, Expects Interim Earnings to Drop to at Least HK$2.5 Million

Stock News
Aug 04

GDC (08271) has released an announcement indicating that for the first half of 2026, the group expects to record a profit of at least HK$2.5 million, compared to a profit of HK$24.03 million in the same period of 2025.

The decline in profit is primarily attributed to a one-off net gain of approximately HK$33.95 million recognized in the first half of 2025, which arose from the deconsolidation of the group's discontinued operation, Guangdong GDC Creative Industry Co., Ltd. This one-off net gain did not occur during the first half of 2026.

The group anticipates that its continuing operations will achieve a turnaround from a loss of HK$4.78 million in the first half of 2025 to a profit of at least HK$2.5 million in the first half of 2026.

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