Interim Results: POLY XVERSE IT Posts Wider Net Loss Amid Revenue Growth

Stock News08-31 21:40

POLY XVERSE IT (00209) has released its interim results for the 2026 fiscal year, showing a revenue increase but a widening net loss attributable to shareholders.

The company reported revenue of HK$160.5 million, up 8.2% year-on-year. However, the loss attributable to owners of the company expanded to HK$44.174 million, representing a 15.3% increase compared to the prior corresponding period.

The company posted a basic loss per share of HK$0.32 for the period. Management attributed the revenue growth primarily to a rise in toy division sales, which benefited from the subsequent trade truce reached after the Sino-US trade tensions escalated.

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