"Profit Warning" HP LIVING TECH estimates a loss of 1.96 million yuan in the first half of the year

HP LIVING TECH (01682.HK) issued a profit warning, expecting to record a loss of approximately HKD 1.96 million for the six months ending in September, compared to a net profit of HKD 3.78 million in the same period last year. This is mainly due to a decrease in the gain from changes in the fair value of financial assets by HKD 3.63 million, and an increase in administrative and operating expenses by HKD 0.92 million