COMBA (02342) surged over 3%, and as of press time, the stock gained 3.69% to HK$2.53 with a turnover of HK$58.44 million.
On the news front, COMBA recently announced its interim results for the six months ended June 30, 2025. The group recorded revenue of HK$2.199 billion, representing a year-on-year decrease of 6.16%. Profit attributable to owners of the parent company reached HK$61.781 million, compared to a loss of HK$158 million in the same period last year. Basic earnings per share stood at HK$2.09 cents, and the company proposed to distribute an interim dividend of HK$0.6 cents per share.
According to the announcement, the revenue decline was primarily attributed to the slowdown in network capital project construction plans by global telecom operators, as well as the fact that the group's products and business are currently in a transitional period of upgrade and transformation.
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