APOLLO FMG Reports H1 Loss Widening 30.6% to HK$138 Million

Stock News
Aug 31

APOLLO FMG (00860) has posted its interim results for the six months ended June 30, 2026, with revenue of HK$48.89 million, down 42.41% year-on-year. Loss attributable to owners of the company stood at HK$138 million, widening 30.59% from the prior year, resulting in a basic loss per share of HK$0.1345.

According to the announcement, the mobility technology solutions segment saw a significant revenue surge during the period, primarily driven by the delivery of the first Apollo EVO hypercar. Meanwhile, sales of jewelry products, watches, and other goods declined due to persistently challenging retail and wholesale conditions in China, alongside the group's strategic focus on expanding its mobility technology solutions division, which has limited resources allocated to those traditional merchandise businesses.

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