China International Development 1H FY26 loss widens to HK$16.59 million; revenue more than doubles to HK$38.75 million

• China International Development Corporation posted a loss attributable to owners of HK$ 15.79 million, widening from HK$ 7.6 million.
• Revenue more than doubled to HK$ 38.75 million, gross profit climbed to HK$ 10.61 million; gross margin rose 2.9 percentage points to 27.4%.
• Administrative and other operating expenses jumped to HK$ 23.87 million, driven by new segments, higher staffing, overheads, and professional fees.
• Lifestyle Consumer generated HK$ 15.64 million of revenue, while Automobile Services revenue fell to HK$ 362,000 and Leather Retail slipped to HK$ 101,000.
• Net current liabilities narrowed to HK$ 7.89 million; the group highlighted HK$ 27.15 million net placing proceeds and an undrawn HK$ 40 million facility.

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. China International Development Corporation 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-20260828-12307154), on August 28, 2026, and is solely responsible for the information contained therein.