According to the Zhitong Finance App, Huading Holdings (03398) announced its 2026 interim results, with revenue of about HK$830 million, a year-on-year decrease of 7.7%; losses attributable to the company's equity holders were approximately HK$119 million, an increase of 39.5% over the previous year; and a loss of 5.65 HK cents per share.

According to the announcement, the increase in losses was mainly due to (i) a sharp reduction in government grants confirmed during the period to HK$800,000 (first half of 2025: HK$60.3 million); and (ii) an increase in fair value losses on investment properties to HK$25.1 million (first half of 2025: HK$8.5 million). Excluding such major projects, although the OEM/ODM business and fashion retail business were still affected by weak external demand and revenue fell year on year, loss narrowed to HK$94.5 million (first half of 2025: HK$116 million), reflecting the effectiveness of the cost optimization and operation control measures implemented by the Group.

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