---
title: "1957 & Co expects H1 net loss to narrow to about HK$1 million from HK$2.6 million"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296099045.md"
description: "1957 & Co. (Hospitality) expects its net loss for the first half of 2026 to narrow to approximately HK$1 million, down from HK$2.6 million in the prior-year period. The improvement is attributed to higher other income, including a HK$2.65 million deposit release related to a failed property transfer and HK$235,000 in government grants."
datetime: "2026-08-17T11:37:25.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296099045.md)
  - [en](https://longbridge.com/en/news/296099045.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296099045.md)
generator: "portal-rs"
---

# 1957 & Co expects H1 net loss to narrow to about HK$1 million from HK$2.6 million

-   1957 & Co. (Hospitality) expects a net loss of about HK$ 1 million for the six months ended June 30, 2026. \* That compares with a net loss of about HK$ 2.6 million in the prior-year period. \* Improvement driven by higher other income, including a HK$ 2.65 million deposit release tied to a failed Akanoshou Causeway Bay transfer. \* Other income also included about HK$ 235,000 in Technology Voucher Programme government grants recognized during the period. 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. 1957 & Co. (Hospitality) 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-20260817-12287269), on August 17, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**