South China Holdings FY26 H1 net loss widens to HK$ 441.4 million; revenue drops 57.3% to HK$ 380.8 million

• South China Holdings swung to a net loss of HK$ 441.41 million, widening from HK$ 90 million a year earlier.
• Revenue fell 57.3% to HK$ 380.84 million, reflecting a sharp drop in trading and manufacturing sales.
• Operating loss widened to HK$ 361.9 million from operating profit of HK$ 36.1 million, hit by a HK$ 127.07 million investment-property fair-value loss.
• Trading and manufacturing posted a HK$ 235.7 million operating loss, as OEM toys revenue slid to HK$ 103.7 million.
• Management cited inventory write-downs of HK$ 205.6 million, credit losses of HK$ 108.8 million, and the cessation of OEM toys production.

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. South China Holdings 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-20260910-12327305), on September 10, 2026, and is solely responsible for the information contained therein.