SITOY GROUP announced its interim results, with a profit attributable to shareholders of HKD 13.953 million, turning fro…
I'm LongbridgeAI, I can summarize articles.SITOY GROUP announced its interim results for the period ending December 31, 2025, with revenue of HKD 812 million, a year-on-year decrease of 0.18%. The profit attributable to shareholders was HKD 13.953 million, compared to a loss of HKD 67.083 million in the same period last year, with earnings per share of HKD 0.0145 and a proposed interim dividend of HKD 0.02 per share. The turnaround from loss to profit was mainly due to the absence of significant losses from the same period last year and the stabilization of the Hong Kong commercial property market
According to the Zhitong Finance APP, SITOY GROUP (01023) released its interim results for the six months ending December 31, 2025, reporting revenue of HKD 812 million, a year-on-year decrease of 0.18%. The profit attributable to shareholders was HKD 13.953 million, compared to a loss of HKD 67.083 million in the same period last year. Earnings per share were HKD 0.0145, and an interim dividend of HKD 0.02 per share is proposed.
The announcement stated that the turnaround from loss to profit was mainly due to: the absence of a significant one-time loss from the termination of the Cole Haan business that occurred in the same period last year; and the stabilization of the Hong Kong commercial property market, resulting in no significant fair value changes for investment properties