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Nokoda Technology (00519) announced annual results. Shareholders should account for losses of HK$480 million in year-on-year profit to loss
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According to the Zhitong Finance App, Nokoda Technology (00519) announced the results for the year ended June 30, 2026. The group achieved a profit of HK$309.84 million, a year-on-year decrease of 8.32%; the company's owners should have accounted for a loss of HK$480 million, and a profit of HK$9.046 million in the same period last year; a loss of HK15.7 cents per share.

In the 2026 financial year, the Company recorded a loss of approximately HK$482 million, mainly due to a net reduction in the fair value of the Group's investment properties of approximately HK$494 million; impairment losses of approximately HK$34.502 million from holding properties for sale; and impairment losses of approximately HK$22.379 million on non-current assets classified as held for sale. The Board wishes to emphasize the non-cash nature of the above factors.

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