TOWNRAY HLDGS Reports Interim Profit of HK$18.9 Million, Down 37% Year-on-Year

Stock News

Aug 25

TOWNRAY HLDGS (01692) has announced its interim financial results for the six months ended June 30, 2026, revealing a challenging period for the company. The group recorded revenue of HK$308 million, reflecting a year-on-year decline of 5.95%.

During the reporting period, profit attributable to the company amounted to HK$18.922 million, representing a substantial decrease of 37.07% compared to the corresponding period in the previous year. Earnings per share stood at HK5.27 cents, while the board has recommended an interim dividend of HK3.7 cents per ordinary share.

According to the company's announcement, the revenue contraction was primarily driven by reduced sales in the garment care appliances and cooking appliances segments during the period under review.

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