IDT INT'L (00167) released its interim results, reporting a net loss of HK$56.788 million, turning from profit to loss year-on-year.
IDT INT'L (00167) announced its interim results for the six months ending June 30, 2026, reporting revenue of approximately HKD 220 million, a year-on-year increase of 363.93%. The company reported a loss attributable to owners of HKD 56.788 million, reversing from profit to loss compared to the same period last year; the loss per share was HKD 0.1167.
IDT INT'L (00167) announced its interim results for the six months ending June 30, 2026. The company achieved revenue of approximately HKD 220 million, a year-on-year increase of 363.93%. The attributable loss to shareholders during the period was HKD 56.788 million, a turnaround from profit to loss compared to the previous year; the loss per share was HKD 0.1167.
The announcement stated that the increase in revenue was mainly due to the group's continuous implementation of its business development strategy over the past few years and rising demand driven by the development of downstream industries, which propelled the growth in sales of the group's electronic products. This enabled the group to record revenue from the AI infrastructure computing power services derived from its existing industrial chain. The business expansion significantly boosted the group's revenue in the first half of 2026.
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