Changes in Hong Kong stocks | Xinyiwang Group (01686) opened nearly 7% after results, annual profit attributable to shareholders of HK$1,146 billion increased 16.96% year-on-year

Zhitongcaijing · 4d ago

The Zhitong Finance App learned that Xinyiwang Group (01686) opened up nearly 7% after the results. As of press release, it had risen 6.85% to HK$5.225, with a turnover of HK$2.455 million.

According to the news, on September 1, Xinyi.com Group announced its annual results for the year ended June 30, 2026. The group obtained revenue of HK$3.117 billion, an increase of 6.09%; profit attributable to shareholders of the company was HK$1,146 billion, an increase of 16.96% over the previous year; and basic profit per share was HK$28.07 cents.

The Group continued to achieve strong financial performance during the year under review. Recurring revenue from the data center and IT facilities business increased 8% to HK$2,856 billion, benefiting from the contribution of newly launched facilities and the continued organic growth of the established asset portfolio. Total revenue increased 6% year-on-year to HK$3.117 billion, while EBITDA increased 8% year-on-year to HK$230 billion, while profit margin increased from 72% to 74%. A more favorable interest rate environment has led to lower borrowing costs, further supporting profit growth. Coupled with the benefits of operating leverage, profit attributable to shareholders increased 17% year-on-year to HK$1,146 billion. The Group also continued to generate strong cash flow. Net cash from operating activities (excluding changes in working capital) increased 9% from last year to HK$2,240 billion.