PICO FAR EAST Reports Interim Results with Slight Dip in Profits

Stock News
Jun 26

PICO FAR EAST (00752) has announced its interim financial results for the six months ended April 30, 2026.

The company reported revenue of HK$3.349 billion, marking a decrease of 3.47% compared to the same period last year.

Profit attributable to shareholders was HK$208 million, representing a decline of 2.08% year-on-year.

Basic earnings per share stood at 16.44 HK cents.

The board has proposed an interim dividend of 5.5 HK cents per ordinary share.

During the review period, the group optimized its business segments to better align with its integrated brand experience strategy, which led to growth in the Asia-Pacific, Greater China, and US regions.

However, this growth was offset by a decline in the Middle East business, primarily attributed to the ongoing impact of geopolitical tensions in that region.

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