Art Group Holdings Swings to Interim Loss on Property Valuation Hits and Credit Provisions

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2026.02.27 13:25
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Art Group Holdings Ltd. reported an interim loss of HK$65.81 million for the six months ending December 31, 2025, down from a profit of HK$26.59 million the previous year. Revenue fell to HK$38.17 million, with a stable gross profit of HK$24.43 million. The loss was attributed to credit loss allowances, a HK$36.70 million loss from investment properties, and finance costs. The basic loss per share is 2.45 Hong Kong cents. Analysts rate the stock as a Hold with a price target of HK$2.00.