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CROSSTEC Group Holdings Ltd. ( (HK:3893) ) has issued an announcement.
CROSSTEC Group Holdings Ltd. has warned investors that it expects a sharp deterioration in its interim results for the six months ended 31 December 2025, projecting a consolidated net loss of between HK$122.5 million and HK$135.4 million, compared with a loss of about HK$13.1 million a year earlier. The company attributes the enlarged loss mainly to a one-off, non-cash and non-recurring loss of roughly HK$119.8 million linked to the issue of HK$95.5 million in aggregate principal amount of convertible bonds in September 2025, signalling a significant accounting impact from its financing activities while underlying audited figures will only be confirmed with the forthcoming interim results.
The most recent analyst rating on (HK:3893) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on CROSSTEC Group Holdings Ltd. stock, see the HK:3893 Stock Forecast page.
More about CROSSTEC Group Holdings Ltd.
CROSSTEC Group Holdings Ltd. is a Cayman Islands–incorporated company listed in Hong Kong. The group operates through various subsidiaries, though this announcement focuses primarily on its financial performance and capital structure rather than detailing specific operating segments or markets.
Average Trading Volume: 221,037
Technical Sentiment Signal: Buy
Current Market Cap: HK$460.1M
Learn more about 3893 stock on TipRanks’ Stock Analysis page.