APOLLO FMG Reports H1 Loss Widening 30.6% to HK$138 Million

Stock News
08/31

APOLLO FMG (00860) has posted its interim results for the six months ended June 30, 2026, with revenue of HK$48.89 million, down 42.41% year-on-year. Loss attributable to owners of the company stood at HK$138 million, widening 30.59% from the prior year, resulting in a basic loss per share of HK$0.1345.

According to the announcement, the mobility technology solutions segment saw a significant revenue surge during the period, primarily driven by the delivery of the first Apollo EVO hypercar. Meanwhile, sales of jewelry products, watches, and other goods declined due to persistently challenging retail and wholesale conditions in China, alongside the group's strategic focus on expanding its mobility technology solutions division, which has limited resources allocated to those traditional merchandise businesses.

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