--- title: "Cherish Sunshine FY26 net loss narrows to HK$28.63 million; revenue drops 52.3% to HK$46.89 million" type: "News" locale: "en" url: "https://longbridge.com/en/news/290744952.md" description: "Cherish Sunshine FY26 net loss narrowed to HK$28.63 million from HK$123.91 million, despite revenue dropping 52.3% to HK$46.89 million due to economic slowdowns. Gross margin improved to 40.6%, and operating loss decreased as impairment losses eased. The company plans to scale down low-margin trading while exploring photovoltaic inverters and energy storage in China." datetime: "2026-06-24T22:09:54.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/290744952.md) - [en](https://longbridge.com/en/news/290744952.md) - [zh-HK](https://longbridge.com/zh-HK/news/290744952.md) generator: "portal-rs" --- # Cherish Sunshine FY26 net loss narrows to HK$28.63 million; revenue drops 52.3% to HK$46.89 million - Cherish Sunshine posted a net loss of HK$28.63 million, narrowing from the prior year’s HK$123.91 million loss. \* Revenue fell 52.3% to HK$46.89 million, as customers tightened procurement budgets amid an economic slowdown. \* Gross profit slipped to HK$19.06 million, while gross margin rose 11.9 percentage points to 40.6%. \* Operating loss narrowed to HK$23.56 million as impairment losses on receivables and contract assets eased to HK$8.42 million. \* The group is exploring photovoltaic inverters and energy storage in China, while planning to scale down trading due to thin margins. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cherish Sunshine International Limited published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260625-12214105), on June 24, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) ### Related Stocks - [01094.HK](https://longbridge.com/en/quote/01094.HK.md) ## Related News & Research - [Cherish Sunshine completes placement of 118,502,535 new shares at HK$ 0.21 each](https://longbridge.com/en/news/296197003.md) - [Cherish Sunshine Intl to place 118,502,535 new shares at HK$ 0.209 each, raising HK$ 24.8 million](https://longbridge.com/en/news/293601653.md) - [Episurf Medical signs LOI to buy Greater Stockholm property for about SEK 95 million](https://longbridge.com/en/news/298218526.md) - [Shanghai INT Medical announces 2026 extraordinary general meeting](https://longbridge.com/en/news/298289560.md) - [UniCredit wins ECB approval to apply Danish Compromise capital treatment](https://longbridge.com/en/news/298268889.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**