XINKONG INT CAP Posts Interim Loss of HK$341 Million, Narrowing 31.4% Year-on-Year

Stock News
Yesterday

XINKONG INT CAP (00993) has released its interim results for the 2026 fiscal year, reporting revenue of approximately HK$14.127 million, a decline of 20.12% compared to the same period last year. The company recorded a net loss attributable to equity holders of about HK$341 million, which represents a narrowing of 31.43% year-on-year. The basic loss per share stood at HK3.9 cents.

The reduction in the net loss is primarily attributed to the stabilization of financial asset quality, which did not experience further downgrades. Additionally, the company successfully recovered funds from certain investment projects, allowing it to write back previous impairment provisions that had been made for amounts expected to be unrecoverable from those projects.

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