TUNGTEX (HOLD) (00518) Reports Interim Results: Shareholder Loss Narrows 48.4% YoY to HK$7.624 Million
Stock News
Nov 27
TUNGTEX (HOLD) (00518) announced its six-month results for the period ending September 30, 2025. The company reported revenue of HK$279.6 million, representing a 13.5% year-on-year decline. Shareholder losses attributable to owners narrowed by 48.4% to HK$7.624 million compared to the same period last year, with basic loss per share at 1.7 HK cents.
Despite the revenue decrease, the pre-tax loss for the period reduced by 52.0% year-on-year, primarily due to the company's ongoing efforts to enhance operational efficiency and strengthen cost control measures.
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