Sheen Tai Holdings Expects HK$7.00 Million Interim Loss as Crypto Valuations Erode Earnings

Bulletin Express
Aug 25

Sheen Tai Holdings Group Company Limited issued a profit warning for the six months ended 30 June 2026, projecting a loss attributable to equity shareholders of up to HK$7.00 million. The group posted a profit of approximately HK$2.20 million for the comparable period in 2025, implying a year-on-year earnings swing of about HK$9.20 million.

Management attributed the downturn primarily to an increase of up to HK$11.00 million in fair value losses related to the Group’s cryptocurrency holdings during the reporting period. No other material factors were cited in the announcement.

The company is finalising its unaudited interim results, scheduled for release on 31 August 2026. All figures disclosed are based on preliminary management accounts and remain subject to review by the auditor and the audit committee.

Shareholders and potential investors are advised to exercise caution when dealing in the company’s securities.

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