Hong Kong Stocks in Focus | CREALITY (03388) Plunges Over 5% on Expected First-Half Net Loss of 53-63 Million Yuan

Stock News
Aug 11

CREALITY (03388) shares fell more than 5%, trading down 4.92% at HK$22.02 as of press time, with a turnover of HK$10.7924 million.

On the news front, CREALITY recently announced that the Group expects to record a loss attributable to owners of the company of approximately RMB 53 million to RMB 63 million for the first half of 2026, compared to a profit attributable to owners of the company of approximately RMB 107 million in the same period of 2025.

To supplement the financial information presented under International Financial Reporting Standards (IFRS), the Group expects to record an adjusted net loss (non-IFRS measure) of approximately RMB 10 million to RMB 20 million for the first half of 2026.

The Board believes the Group's financial performance turned from profit to loss in the first half of 2026 primarily due to increased promotional efforts and price concessions to expand overseas market coverage, coupled with product portfolio optimization and inventory clearance related to product upgrades, which together led to a decline in gross margin.

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