Century Construction (00079) announced interim results. Shareholders' losses of HK$16.863 million changed from profit to loss year-on-year

Zhitongcaijing · 1d ago

According to the Zhitong Finance App, Century Construction (00079) announced its interim results for the six months ended June 30, 2026. The group obtained a profit of HK$21.61 million, a year-on-year decrease of 4.47%; the company owner should have accounted for a loss of HK$16.863 million, and a profit of HK$2.552 million in the same period last year; a loss of HK5.17 cents per share.

The shift from net profit to net loss was not due to a serious deterioration in core business operations, but was due to non-operating market fluctuations. The final net loss reflects the combined effects of the following factors: a fair value loss of HK$8.66 million for financial assets that are calculated as profit and loss at fair value, rather than a fair value gain of HK$16.455 million for the same period last year; a reduction in fair value loss of HK$5.6 million in investment properties; and a reduction in financial costs of HK$451,000. The Group recorded a net loss of HK$8.703 million in the medium term (first half of 2025: net loss of HK$8.51 million) before deducting fair value losses of financial assets and fair value losses of investment properties included in fair value.