Grand Ocean Advanced Resources FY26 H1 loss widens to HK$ 10.78 million; revenue drops 10.7% to HK$ 55.04 million

• Grand Ocean Advanced Resources posted a net loss of HK$10.78 million, widening from the year-ago period.
• Revenue fell 10.7% to HK$55.04 million, reflecting softer coal sales volumes.
• Gross profit dropped 43.8% to HK$15.28 million; gross margin narrowed 16.3 percentage points to 27.8%.
• Operating loss widened to HK$10.11 million; other income climbed to HK$9.72 million on a HK$7.72 million environmental tax refund.
• Coal output declined to 305,000 tonnes; sales volumes eased to 295,000 tonnes, with no interim dividend declared.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Grand Ocean Advanced Resources Co. Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260828-12306050), on August 28, 2026, and is solely responsible for the information contained therein.