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Global Corn H1 net loss widens to HK$ 81.77 million; revenue rises 6.02% to HK$ 268.92 million

PUBT·08/28/2026 11:31:15
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Global Corn H1 net loss widens to HK$ 81.77 million; revenue rises 6.02% to HK$ 268.92 million
  • Global Corn Group posted a net loss of HK$81.77 million, widening from HK$63.3 million a year earlier.
  • Revenue rose 6.02% to HK$268.92 million, while gross profit fell 61.57% to HK$9.33 million.
  • Gross margin narrowed 6.1 percentage points to 3.5% amid lower sweetener prices and higher corn starch costs.
  • Finance costs climbed 27.7% to HK$27.24 million, while gains on Convertible Bonds derivatives eased to HK$4.53 million.
  • Management began winding up Jinzhou Dacheng and Jinzhou Yuancheng to cut liabilities and refocus resources on existing businesses.


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. Global Corn Group Limited 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-20260828-12305622), on August 28, 2026, and is solely responsible for the information contained therein.