China Motor Bus posts annual results with loss attributable to shareholders after tax narrowing 34.87% year-on-year to HK$120 million

Stock News
09/24

China Motor Bus (00026) has released its full-year results for the year ended 30 June 2026, with turnover of HK$40.568 million, down 23.55% year-on-year.

The loss attributable to shareholders after tax was HK$120 million, narrowing 34.87% year-on-year.

Basic loss per share was HK$2.66.

The company proposed a final dividend of HK$0.1 per share and a special dividend of HK$1.7 per share.

The announcement stated that the loss attributable to shareholders after tax was mainly due to the group's share of a revaluation loss of approximately HK$209 million on South Island Place, an office property held by a joint venture.

The net revaluation loss on investment properties is non-cash in nature and therefore does not affect the group's operating cash flow.

The group's overall financial position remains solid.

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