Zhihua Group (01842) announced interim results. Net loss of HK$10.735 million increased 26.8% year-on-year

Zhitongcaijing · 3d ago

According to the Zhitong Finance App, Zhihua Group (01842) announced its 2026 interim results, with revenue of approximately HK$103 million, a year-on-year decrease of 30.24%; net loss of HK$10.735 million, up 26.8% year on year; loss per share of HK0.89 cents.

According to the announcement, the increase in net loss was mainly due to the decline in earnings and gross margin during the reporting period, mainly driven by (i) a decrease in sales to the US; and (ii) a decrease in sales of medical kits and related supplement products (such products were previously products with high profit margins). These factors were partly offset by net realized and unrealized fair value earnings of approximately HK$300,000 from financial assets confirmed as fair value during the reporting period, while net realized and unrealized fair value losses of about HK$2.7 million on financial assets with fair value included profit and loss for the same period in 2025.