"Profit Warning" HI SUN TECH confirms non-cash stock option expenses, estimated annual performance to be in the red

HI SUN TECH (00818.HK) issued a profit warning, expecting to record an operating loss for the fiscal year 2025, compared to an operating profit of HKD 99.8 million in the previous year. For the eleven months ending in November 2025, it recorded an operating loss of HKD 240 million, primarily due to non-cash stock option expenses of approximately HKD 199 million recognized in the payment and digital services category; no income from the sale of subsidiaries was recorded; and the traditional payment market was further replaced by digital payments, along with additional resource investments in overseas and cross-border businesses