On September 1, REALORD TECH rose 5.21% in regular trading, trading at HK$9.605 per share with turnover of approximately HK$56.63 million, extending a multi-session rally.
On the news front, the company released its interim results for the six months ended June 30, reporting gross profit of HK$76.775 million, up 18.39% year-over-year from HK$64.8 million. Total revenue reached HK$278 million, a marginal 0.4% increase. The gross profit improvement was primarily driven by higher contributions from the property, environmental protection, and Latin America and Caribbean segments, as well as rising copper prices boosting the environmental protection segment's gross margin. The corresponding gross margin expanded to approximately 27.6%.
Meanwhile, the attributable loss narrowed to HK$465 million from HK$479 million in the prior-year period, representing a roughly 3% reduction. Cost discipline was also evident, with selling costs declining approximately 24.7% and administrative expenses falling around 15.4%, reflecting headcount and rental savings. The combination of margin expansion and loss narrowing has continued to underpin positive market sentiment toward the stock.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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