Kelfred projects HK$12.10 million interim loss, citing weaker eyewear margins

Bulletin Express

Aug 11

Kelfred Holdings Limited issued a profit warning, estimating a net loss of approximately HK$12.10 million for the six months ended 30 June 2026, compared with a HK$4.70 million loss in the corresponding period of 2025.

Management attributed the widened deficit to a reduction in gross profit from eyewear sales amid intensified market competition and higher production costs linked to Renminbi appreciation. The cost pressure and lower average selling prices outweighed the effect of ongoing cost-saving measures, compressing margins during the reporting period.

The loss estimate is based on unaudited consolidated management accounts and may change after the Board finalises the interim results. A Board meeting is scheduled for 31 August 2026 to approve the interim figures and consider declaring an interim dividend, if any.

Kelfred advised shareholders and potential investors to exercise caution when trading the company’s shares until the official interim results are released.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.etasphere.com/news/1172199948"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1172199948\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1172199948?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-08-11 16:47","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1172199948","market":"hk","top_or_hot":-1,"title":"Kelfred projects HK$12.10 million interim loss, citing weaker eyewear margins","media":"Bulletin Express","content":"<p>Kelfred Holdings Limited issued a profit warning, estimating a net loss of approximately HK$12.10 million for the six months ended 30 June 2026, compared with a HK$4.70 million loss in the corresponding period of 2025.</p>\n<p>Management attributed the widened deficit to a reduction in gross profit from eyewear sales amid intensified market competition and higher production costs linked to Renminbi appreciation. The cost pressure and lower average selling prices outweighed the effect of ongoing cost-saving measures, compressing margins during the reporting period.</p>\n<p>The loss estimate is based on unaudited consolidated management accounts and may change after the Board finalises the interim results. A Board meeting is scheduled for 31 August 2026 to approve the interim figures and consider declaring an interim dividend, if any.</p>\n<p>Kelfred advised shareholders and potential investors to exercise caution when trading the company’s shares until the official interim results are released.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Kelfred projects HK$12.10 million interim loss, citing weaker eyewear margins</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nKelfred projects HK$12.10 million interim loss, citing weaker eyewear margins\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1053168898\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Bulletin Express </p>\n<p class=\"h-time\">2026-08-11 16:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Kelfred Holdings Limited issued a profit warning, estimating a net loss of approximately HK$12.10 million for the six months ended 30 June 2026, compared with a HK$4.70 million loss in the corresponding period of 2025.</p>\n<p>Management attributed the widened deficit to a reduction in gross profit from eyewear sales amid intensified market competition and higher production costs linked to Renminbi appreciation. The cost pressure and lower average selling prices outweighed the effect of ongoing cost-saving measures, compressing margins during the reporting period.</p>\n<p>The loss estimate is based on unaudited consolidated management accounts and may change after the Board finalises the interim results. A Board meeting is scheduled for 31 August 2026 to approve the interim figures and consider declaring an interim dividend, if any.</p>\n<p>Kelfred advised shareholders and potential investors to exercise caution when trading the company’s shares until the official interim results are released.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"01134","symbol_name":"恒发光学","start_time":0,"source_url":"","article_id":"1172199948","we_media_id":"1053168898","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1172199948","pubTimestamp":1786438075,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Bulletin Express","introduction":"Full Coverage of HK & US Stock Announcements","home_visible":1,"id":"1053168898","head_image":"https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e"},"summary":"Kelfred Holdings Limited issued a profit warning, estimating a net loss of approximately HK$12.10 million for the six months ended 30 June 2026, compared with a HK$4.70 million loss in the...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"01134":"恒发光学"},"translate_title":"Kelfred预计中期亏损1210万港元，理由是眼镜利润率疲软","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"01134":1},"content_text":"Kelfred Holdings Limited issued a profit warning, estimating a net loss of approximately HK$12.10 million for the six months ended 30 June 2026, compared with a HK$4.70 million loss in the corresponding period of 2025.\nManagement attributed the widened deficit to a reduction in gross profit from eyewear sales amid intensified market competition and higher production costs linked to Renminbi appreciation. The cost pressure and lower average selling prices outweighed the effect of ongoing cost-saving measures, compressing margins during the reporting period.\nThe loss estimate is based on unaudited consolidated management accounts and may change after the Board finalises the interim results. A Board meeting is scheduled for 31 August 2026 to approve the interim figures and consider declaring an interim dividend, if any.\nKelfred advised shareholders and potential investors to exercise caution when trading the company’s shares until the official interim results are released.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport,SGX","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}