Kelfred FY26 H1 net loss more than doubled to HK$12.08 million; revenue drops 9.5% to HK$219.6 million

• Kelfred posted a net loss of HK$12.08 million, more than doubled, as revenue fell 9.5% to HK$219.6 million.
• Operating loss widened to HK$10.98 million as gross margin narrowed 2.4 percentage points to 10.5%.
• Gross profit slid 26.4% to HK$22.98 million on competitive pricing pressure and higher production costs from a stronger RMB.
• Cash and cash equivalents dropped to HK$29.88 million from HK$48 million, driven by operating outflows and capital spending.
• Thailand’s third production base is expected to be ready for production in the second half of 2026 amid a challenging European market outlook.

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. Kelfred 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-20260911-12328974), on September 11, 2026, and is solely responsible for the information contained therein.