Cosmos Machinery H1 2026: Revenue Climbs 8.9 %, Net Profit Up 6.6 %; No Interim Dividend

Bulletin Express
Aug 26

Cosmos Machinery Enterprises Limited reported solid top-line expansion for the six months ended 30 June 2026, driven by strong demand in its industrial consumables segment.

Revenue rose 8.9 % year on year to HK$1.08 billion, led by industrial consumables trading, which contributed HK$358.55 million. Geographically, the Chinese Mainland remained the key market, accounting for 88.77 % of total sales.

Gross profit increased 3.9 % to HK$193.01 million, while gross margin narrowed to 17.8 % from 18.6 % a year earlier, reflecting higher raw-material and logistics costs.

Operating profit improved 17.2 % to HK$15.48 million. Net profit attributable to shareholders advanced 147.1 % to HK$3.66 million, supported by a HK$3.06 million contribution from associates and a HK$2.92 million rise in investment income. Basic earnings per share were 0.42 Hong Kong cent.

Segment performance: • Industrial consumables: profit HK$23.58 million (up 90.0 %), buoyed by lithium-battery, semiconductor and medical orders. • Plastic products: profit HK$11.39 million, broadly stable. • Machinery manufacturing: loss widened to HK$12.81 million amid postponed equipment purchases and price competition. • Machinery leasing: profit HK$3.09 million.

The group ended June with HK$456.79 million in cash against HK$162.78 million in short-term borrowings, translating into a net cash position of HK$287.70 million. Total equity attributable to shareholders stood at HK$1.30 billion.

The board declared no interim dividend, consistent with the prior-year period.

Post-period, the group agreed on 13 August 2026 to dispose of its Hefei plastic component subsidiary for RMB48.00 million; the unit will cease to be consolidated after completion.

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