PICO FAR EAST (00752) announces mid-year results with a net profit attributable to shareholders of HK$208 million, a decrease of 2.08% year-on-year.

Pico Far East (00752) announced its interim performance for the six months ended April 30, 2026, with revenue of HK$3.349 billion, a decrease of 3.47% year-on-year; net profit attributable to shareholders of HK$208 million, a decrease of 2.08% year-on-year; and basic earnings per share of 16.44 HK cents. It plans to pay an interim dividend of 5.5 HK cents per ordinary share. The announcement stated that during the review period, the Group optimized its business segments to align more closely with its integrated brand experience strategy, resulting in growth in the Asia Pacific region, Greater China, and the United States. However, this growth was offset by a decline in business in the Middle East region, mainly due to the impact of ongoing geopolitical tensions in the region.