CHINA WOOD INT (01822) Reports Interim Results with Attributable Loss of HK$11.061 Million, Surging 1,090.64% Year-on-Year
Stock News
Yesterday
CHINA WOOD INT (01822) has released its financial results for the six-month period ended June 30, 2026. The group recorded revenue of HK$116 million, representing a year-on-year decrease of 19.25%. The loss attributable to owners of the company stood at HK$11.061 million, marking a substantial increase of 1,090.64% compared to the previous corresponding period. Basic loss per share was 1.12 HK cents.
According to the announcement, the decline in revenue was primarily attributed to a reduction in turnover from the wood-related business segment, which decreased from approximately HK$133 million in the six months ended June 30, 2025, to around HK$98.7 million during the reporting period.
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