TIAN CHANG GP (02182) has released its interim results for the six months ended June 30, 2026, reporting a revenue of HK$174 million, a decrease of 31.61% year-on-year. The company recorded a loss attributable to equity holders of HK$33.3 million, representing a significant increase of 187.39% compared to the same period last year, with a loss per share of HK5.37 cents.
The group attributed the decline in revenue and the after-tax loss to several key factors. These include weak demand for certain solar energy system products, a reduction in order volumes driven by customers' diversification of their supply chains, and a decrease in gross profit margin due to the allocation of relatively fixed manufacturing overheads over lower production and sales volumes.