• Milan Station posted a net loss of HK$ 2.16 million, narrowing 80.4% from the year-earlier period.
• Revenue slipped 2% to HK$ 49.1 million, while gross profit fell 29.8% to HK$ 4 million.
• Operating loss narrowed to HK$ 1.15 million, helped by a HK$ 6.63 million fair-value gain on listed securities.
• Fair value of listed securities rose to HK$ 65.58 million, up from HK$ 57.36 million at the start of 2026.
• Management kept a cautious store expansion stance, focusing on cost control and tighter product authentication; no interim dividend was declared.

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. Milan Station 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-20260828-12306850), on August 28, 2026, and is solely responsible for the information contained therein.