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Since Yu Zhinong (00875) announced interim results, shareholders' losses of HK$9.739 million were converted from profit to loss year-on-year

Zhitongcaijing·08/31/2026 14:49:14
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According to the Zhitong Finance App, from Yu Zhinong (00875), the interim results for the six months ended June 30, 2026 were announced. The group obtained revenue of HK$253 million, a year-on-year decrease of 55.15%; the owner of the Company should have accounted for a loss of HK$9.739 million, which turned profit and loss over the previous year; a loss of 1.76 HK cents per share.

The announcement stated that during the reporting period, the Group's agricultural and commodity business revenue declined significantly compared to the same period. The Group achieved a significant increase in earnings in the previous fiscal year, mainly driven by its active expansion of commodity trading business. Although this expansion has contributed significantly to the Group's earnings, commodity trading generally operates at relatively small profit margins and requires a relatively high level of working capital.