NAMYUE HOLDINGS Reports HK$4.11 Million Profit for First Quarter

Stock News
Apr 23

NAMYUE HOLDINGS (01058) announced its financial results for the three months ended March 31, 2026. Revenue was HK$13.865 million, representing a decrease of 18.1% compared to the same period last year. The comprehensive profit attributable to shareholders was HK$4.111 million, a significant improvement from a loss of HK$4.94 million in the prior year period.

During the three-month period, the Group actively addressed multiple challenges, including a complex and volatile macroeconomic environment, fluctuating market demand, and cost pressures. It steadily advanced equipment maintenance, upgrades, and process improvements in line with its operational targets set at the beginning of the year. The company also continued to strengthen cost control and energy conservation measures, which effectively reduced operating expenses. Furthermore, the implementation of risk management, safety, and environmental protection protocols ensured the orderly progression of all business activities.

Although revenue for the period declined by 18.1% year-on-year, an increase in subcontracting business volume helped dilute production costs. Additionally, the sale of inventory contributed to a further improvement in the gross profit margin. With administrative expenses also being effectively controlled, overall operating costs were reduced, leading to an enhancement in the Group's overall operational performance.

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