Hongxing Printing Group (00450) announced interim results. Shareholders' losses of HK$61.46 million increased 25.35% year-on-year

Zhitongcaijing · 1d ago

According to the Zhitong Finance App, Hongxing Printing Group (00450) announced interim results for the six months ended June 30, 2026. The group achieved a turnover of HK$1,034 billion, up 10.51% year on year; loss due to equity holders of the Company was HK$61.46 million, up 25.35% year on year; loss per share was 6.7 HK cents; and proposed interim dividend of HK cents per share.

The announcement said that after successfully integrating the two production sites last year and generating synergies, creating additional revenue streams and improving operational efficiency, the consumer product packaging business (CPP) continued to strengthen its domestic sales performance. Through a series of marketing efforts to expand the customer base, turnover recorded an increase of 18.8% (year-on-year) to HK$171.7 million. Furthermore, CPP benefited from increased plant utilization, improved gross margin, and continued cost savings brought about by previous restructuring measures, and its loss was further narrowed from HK$17.6 million in the first half of 2025 to HK$9 million in the current period.