CPM GROUP (01932) released its interim results, reporting a loss attributable to shareholders of HKD 19.71 million, a year-on-year decrease of 32.4%.

CPM GROUP (01932) announced its interim results for the six months ending June 30, 2026, reporting revenue of HKD 126 million, a year-on-year increase of 18.2%; a loss attributable to shareholders of HKD 19.71 million, narrowing by 32.4% compared to the same period last year; basic loss per share was HKD 0.0197. The announcement stated that the significant reduction in loss was primarily due to: a 32.8% increase in the gross profit of sold paint and coating products, mainly benefiting from an 18.2% rise in sales of these products; an increase of 4.1 percentage points in the gross profit margin of paint and coating product sales; and a net reversal of impairment provisions for receivable trade accounts and notes amounting to HKD 6.54 million, due to the Group recovering certain overdue trade receivables and notes. Despite these positive factors contributing to performance, their impact was partially offset by the following items: an increase in fair value losses for investment properties, rising administrative expenses, and a shift from deferred tax expense of HKD 2.15 million in the same period of 2025 to a deferred tax credit of HKD 2.12 million. Therefore, the overall financial performance and loss situation for the period improved compared to the same period in 2025.