CH INNOVATION (01217) released its interim results, showing a loss attributable to shareholders of HKD 61.538 million, a year-on-year turnaround from profit to loss.

CH INNOVATION (01217) announced its interim results for the six months ended June 30, 2026, reporting a revenue of HK$775 million, an increase of 13.43% year-on-year; the loss attributable to the companys owners for the period was HK$61.538 million, compared to a profit of HK$23.072 million for the same period last year; the basic loss per share was HK$0.481. The announcement stated that the reason for the transition from profit to loss was the combined effect of fluctuations in the Hong Kong stock market, deteriorating market sentiment, and the reversal in the performance of listed securities in the Hong Kong internet and information technology sector during the six months ended June 30, 2026, which led to net realized and unrealized losses on investments measured at fair value. In the first half of 2026, the Hang Seng Internet Technology Index declined by approximately 30%.