SHUOAO INTL (02336) announced its interim results, with a profit attributable to shareholders of HKD 1.909 million, returning to profitability year-on-year.

SHUOAO INTL (02336) announced its interim results for the six months ending June 30, 2026. The group achieved revenue of HKD 39.627 million, a year-on-year decrease of 48.68%; the profit attributable to shareholders was HKD 1.909 million, compared to a loss of HKD 0.202 million in the same period last year; earnings per share were HKD 0.11. Despite soft market demand and intensified industry competition during the reporting period, the group's overall revenue saw a significant decline compared to the same period last year. However, thanks to the group's ongoing optimization of its product mix and enhancement of supply chain cost management, the gross profit margin improved, resulting in a gross profit decline limited to approximately 7%, which is much narrower than the revenue decline. On the other hand, through the active implementation of cost reduction and efficiency-enhancing measures, as well as streamlining the expenditure structure, the group successfully reversed the loss situation from the same period last year and achieved a net profit turnaround.