OCT (ASIA) Reports 45.33% Narrower Interim Loss, Shareholders' Deficit at HK$105 Million
Stock News
Aug 18
OCT (ASIA) (03366) has released its interim results for the six months ended June 30, 2026, showing a significant reduction in losses.
The group recorded revenue of HK$37.815 million, a sharp decline of 85.5% year-on-year. Shareholders' attributable loss stood at HK$105 million, marking a 45.33% improvement compared to the same period last year. Basic loss per share was HK$0.14.
According to the company's announcement, the loss attributable to equity holders for the reporting period was approximately HK$105 million, reflecting a reduction of about HK$86 million from the prior year. This improvement was primarily driven by lower interest rates on shareholder loans and the impact of exchange gains or losses.
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