Pine Technology FY26 loss narrows to HK$ 16.72 million; revenue falls 4.6% to HK$ 289.59 million

• Pine Technology posted a net loss of HK$ 16.72 million, versus HK$ 16.56 million a year earlier.
• Revenue fell 4.6% to HK$ 289.59 million, reflecting a strategic shift away from raw plastics trading and own-brand online sales.
• Gross profit rose to HK$ 5.74 million from HK$ 4.97 million, lifting gross margin to 2% from 1.6%.
• Trading business expanded to HK$ 153.2 million in revenue, driven by memory storage components and enterprise rack servers.
• Management flagged plans to build an R&D team for AI SSDs, with no budget approved, agreements signed, or hires made.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pine Technology Holdings Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260817-12287621), on August 17, 2026, and is solely responsible for the information contained therein.