China Star Group (00326) announced interim results. Shareholders' share loss of HK$56.94 million decreased by 49.41% year-on-year

Zhitongcaijing · 3d ago

According to the Zhitong Finance App, China Star Group (00326) announced its interim results for the six months ended June 30, 2026. The group achieved revenue of HK$953.14 million, a year-on-year decrease of 62.84%; losses due to the company's owners were HK$56.94 million, a year-on-year decrease of 49.41%; and a loss of HK2.31 cents per share.

According to the announcement, losses for the period mainly included marketing, sales and distribution expenses of HK$11.483 million (six months ended June 30, 2025: HK$352.14 million), other operating expenses of HK$18.441 million (six months ended June 30, 2025: HK$457.34 million), financing costs of HK$51.588 million (six months ended June 30, 2025: HK$51.68,000) and administrative expenses of HK$58.05 million (six months ended June 30, 2025: HK$81.7019 million) ). Losses improved due to higher gross margins and a general decline in various expenses.