RENZE HARVEST (01282) has announced its interim results for the six months ended June 30, 2026, revealing a return to profitability as the company swung from a loss in the prior corresponding period.

The group posted revenue of HK$416 million, reflecting a decrease of 8.94% compared to the same period last year. Meanwhile, profit attributable to shareholders reached HK$13.726 million, a significant improvement against the loss of HK$47.714 million recorded in the corresponding period in 2025. Earnings per share stood at 0.27 HK cents.

According to the company's announcement, the increase in profit was primarily driven by lower finance costs, which were largely attributed to the capitalization of interest on investment properties under construction totaling approximately HK$40.2 million during the period, whereas no such interest capitalization was recognized in the six months ended June 30, 2025. Additionally, the company recognized an income tax credit of roughly HK$15.5 million in the current period, contrasting with an income tax expense of approximately HK$11.0 million in the same period last year.