"Gains Warning" GROWN UP GROUP expects a 40%-50% increase in losses for the first half of the year

GROWN UP GROUP (01842.HK) issued a profit warning, expecting a loss for the six months ending in June to increase by 40%-50% compared to a loss of HKD 5.8 million in the same period last year. This is mainly due to a slight decline in revenue; confirmation of unrealized losses on the fair value of listed securities investments; and an increase in administrative expenses