Ten Pao Group Posts 49.1% Drop in Interim Profit to HK$108 Million

Stock News08-29

Ten Pao Group Holdings Ltd (01979) has announced its interim results for the six months ended June 30, 2026, reporting a 49.1% year-on-year decline in profit attributable to shareholders, which fell to HK$108 million.

Revenue for the period decreased by 9.54% to HK$2.667 billion, compared to the previous corresponding period. Earnings per share stood at HK$0.10, with an interim dividend of HK$4.2 cents per ordinary share declared.

According to the company's announcement, the group maintained a steady operational performance during the period, supported by a solid operating foundation and forward-looking strategic initiatives. However, revenue declined year-on-year due to a slowdown in overall market demand, adjustments in customer orders, and the high base effect from the same period last year.

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