ZT HN GROUP posts HK$85.76 million loss for the interim period, widening approximately 3.66 times year-on-year

Stock News08-28 23:37

ZT HN GROUP (02433) has released its interim financial results, reporting revenue of approximately HK$321 million, a decrease of about 7.4% year-on-year. The company recorded a loss attributable to owners of approximately HK$85.756 million, representing an increase of roughly 3.66 times compared to the same period last year, with a loss per share of 14.89 HK cents.

According to the announcement, the revenue decline was primarily driven by reduced income from municipal engineering, foundation engineering, prefabricated steel structure engineering, and other specialized contracting works. These decreases were partially offset by higher revenue from civil construction engineering, which continued to serve as the group's main revenue source during the period.

The enlarged loss was mainly attributed to a significant surge in impairment losses on financial and contract assets, which climbed from approximately HK$24.3 million in the first half of 2025 to roughly HK$104 million in the first half of 2026.

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