Hancheng Development Holdings (00361) announced interim results, profit attributable to shareholders of HK$2.882 million, which turned a year-on-year loss into profit

According to the Zhitong Finance App, Hancheng Development Holdings (00361) announced the results for the six months ended June 30, 2026. The group achieved revenue of HK$148 million during the period, an increase of 66.4% over the previous year; profit attributable to the company's owners was HK$2,882 million, which turned a year-on-year loss into a profit; basic profit per share was HK0.05 cents.

According to the announcement, the change of loss to profit was mainly due to a sharp increase in the Group's revenue during the period, which led to an increase in gross profit of about HK$17.617 million, which was mainly driven by revenue growth in the golf equipment division.