CHAMPION TECH (00092) Announces Annual Results: Loss Attributable to Shareholders Widens 183.47% Year-on-Year to HK$125 Million

CHAMPION TECH (00092) has announced its annual results for the year ended June 30, 2026, with revenue of HK$34.29 million, a year-on-year decrease of 40.17%; loss attributable to owners of the company of HK$125 million, a year-on-year widening of 183.47%; and basic loss per share of 12.17 HK cents. The announcement stated that the combined reasons for the increase in loss during the year were due to (i) a decrease in the contribution from the smart city solutions and renewable energy businesses; (ii) fair value gains on financial assets at fair value through profit or loss of approximately HK$26.3 million (2025: fair value gains of HK$19.4 million); and (iii) a provision for loss-making contracts of approximately HK$34 million (2025: none).