Milan Station Reports Interim Results with Net Loss Narrowing by 80.44% Year-on-Year

Stock News
Aug 28

MILAN STATION (01150) has released its interim results for the six months ended June 30, 2026, showing a significant reduction in losses despite a slight dip in revenue.

During the reporting period, the company generated revenue of HK$49.143 million, representing a year-on-year decrease of 1.83%. The loss attributable to shareholders narrowed substantially to HK$2.156 million, marking a sharp 80.44% improvement compared to the previous corresponding period. The basic loss per share stood at 0.2 HK cents.

According to the company's announcement, the reduction in net loss was primarily driven by the recognition of net gains from the fair value of financial assets measured at fair value through profit or loss, coupled with effective cost control measures implemented across administrative and other operating expenses.

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