Hong Kong Science and Technology Exploration (01137) announced interim results. Net loss of HK$78.06 million increased 236.39% year over year

According to the Zhitong Finance App, Hong Kong Science and Technology Exploration (01137) announced interim results for the six months ended June 30, 2026. The group achieved a turnover of HK$2,045 billion, up 8.31% year on year; loss of HK$78.06 million during the period, up 236.39% year on year; loss per share.

Facing increasingly intense competition in the Hong Kong retail market, the Group accelerated its market share expansion strategy by strengthening pricing, promotion and customer participation measures in the first half of 2026. Although these measures put pressure on the Group's short-term profitability, they have contributed to continued growth in total commodity trading volume and customer base.

Looking ahead to the second half of 2026, the Group will further focus on price competitiveness and establish and consolidate the image of “HKTVMall will be flat”. We have launched a new “Daily Price” feature on the HKTVMall app homepage to track the supermarket prices of more than 1,000 popular products, so that customers can clearly grasp HKTVMall's price advantage at a glance, and greatly enhance price transparency. Customers no longer need to personally go to different supermarkets to compare them one by one. One app can grasp the best prices, effectively saving time and optimizing the shopping experience.