CROSSTEC (03893) Reports Interim Results: Shareholder Loss Widens to Approximately HK$129 Million

Stock News02-27

CROSSTEC (03893) announced its interim results for the six months ended December 31, 2025. Revenue amounted to HK$33.349 million, representing a decrease of 27.05% compared to the same period last year. The loss attributable to the company's owners was approximately HK$129 million, an increase of about 8.89 times year-on-year. The loss per share was HK66.38 cents. According to the announcement, the decline in revenue was primarily due to the substantial completion of several major projects in Hong Kong and mainland China during the fiscal year ended June 30, 2025. The significant increase in loss was mainly attributed to the recognition of a loss of approximately HK$120 million related to the issuance of convertible bonds during the period.

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.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1197084258?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-02-27 21:52","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1197084258","market":"other","top_or_hot":-1,"title":"CROSSTEC (03893) Reports Interim Results: Shareholder Loss Widens to Approximately HK$129 Million","media":"Stock News","content":"<p>CROSSTEC (03893) announced its interim results for the six months ended December 31, 2025. Revenue amounted to HK$33.349 million, representing a decrease of 27.05% compared to the same period last year. The loss attributable to the company's owners was approximately HK$129 million, an increase of about 8.89 times year-on-year. The loss per share was HK66.38 cents. According to the announcement, the decline in revenue was primarily due to the substantial completion of several major projects in Hong Kong and mainland China during the fiscal year ended June 30, 2025. The significant increase in loss was mainly attributed to the recognition of a loss of approximately HK$120 million related to the issuance of convertible bonds during the period.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>CROSSTEC (03893) Reports Interim Results: Shareholder Loss Widens to Approximately HK$129 Million</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCROSSTEC (03893) Reports Interim Results: Shareholder Loss Widens to Approximately HK$129 Million\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036600163\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock News </p>\n<p class=\"h-time\">2026-02-27 21:52</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>CROSSTEC (03893) announced its interim results for the six months ended December 31, 2025. Revenue amounted to HK$33.349 million, representing a decrease of 27.05% compared to the same period last year. The loss attributable to the company's owners was approximately HK$129 million, an increase of about 8.89 times year-on-year. The loss per share was HK66.38 cents. According to the announcement, the decline in revenue was primarily due to the substantial completion of several major projects in Hong Kong and mainland China during the fiscal year ended June 30, 2025. The significant increase in loss was mainly attributed to the recognition of a loss of approximately HK$120 million related to the issuance of convertible bonds during the period.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"03893","symbol_name":"易纬集团","start_time":0,"source_url":"","article_id":"1197084258","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1197084258","pubTimestamp":1772200335,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"CROSSTEC (03893) announced its interim results for the six months ended December 31, 2025. Revenue amounted to HK$33.349 million, representing a decrease of 27.05% compared to the same period last...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"03893":"易纬集团","BK1215":"特殊消费者服务"},"translate_title":"CROSSTEC(03893)公布中期业绩：股东亏损扩大至约1.29亿港元","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"03893":1},"content_text":"CROSSTEC (03893) announced its interim results for the six months ended December 31, 2025. Revenue amounted to HK$33.349 million, representing a decrease of 27.05% compared to the same period last year. The loss attributable to the company's owners was approximately HK$129 million, an increase of about 8.89 times year-on-year. The loss per share was HK66.38 cents. According to the announcement, the decline in revenue was primarily due to the substantial completion of several major projects in Hong Kong and mainland China during the fiscal year ended June 30, 2025. The significant increase in loss was mainly attributed to the recognition of a loss of approximately HK$120 million related to the issuance of convertible bonds during the period.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1197084258","isCrawlerRequest":true}