KELFRED Reports Widened Interim Loss of HK$11.95 Million for First Half

Stock News
Yesterday

KELFRED (01134) has released its interim results for the six months ended June 30, 2026, showing a significant deterioration in its financial performance.

The company reported revenue of HK$220 million, a decrease of 9.45% year-on-year. Loss attributable to shareholders of the company widened by 153.38% to HK$11.952 million, compared with the same period last year. Loss per share stood at HK$0.0239.

According to the announcement, the decline in revenue is primarily attributed to intense market competition, which has led to an overall reduction in the average selling prices of eyewear products.

The company continues to face challenging market conditions, with profitability under pressure amid persistent pricing competition in the sector.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10