Noah Intelligence (08131) announced interim results. Shareholders' losses of HK$4.173 million increased 109.38% year over year

According to the Zhitong Finance App, Noah Intelligence (08131) announced interim results for the six months ended May 31, 2026. The company achieved a profit of HK$20.83 million, an increase of 19.71% year on year; loss due to equity holders of the Company was HK$4.173 million during the period, an increase of 109.38% over the previous year; and the basic loss per share was HK 0.84 cents.

The announcement stated that the increase in total revenue was mainly due to increased revenue from professional services. This growth is in line with the increasing size of the IT services market in Hong Kong. The market is expected to continue to expand at a CAGR of 8.5% (2024-2029) as businesses prioritize digital transformation and support service outsourcing.