PINESTONE (00804) announced its interim results, with a net profit of approximately HKD 2.82 million, marking a turnaround from loss to profit compared to the same period last year.

PINESTONE (00804) announced its interim results for 2026, reporting revenue of approximately HKD 13.2 million, a year-on-year decrease of about 22%. Net profit was approximately HKD 2.82 million, reversing from a loss to a profit; earnings per share stood at HKD 0.0428. The announcement stated that the primary reason for the turnaround from a net loss to net profit was the significant reduction in compliance, professional, and agency fees, along with other expenses, which collectively led to a substantial decrease of approximately HKD 3.6 million in operating costs during the period (June 30, 2025: HKD 16.1 million). In addition, the group's financial performance benefited from the growth of margin financing services, generating total revenue of HKD 6.9 million for the six months ending June 30, 2026 (June 30, 2025: HKD 3.2 million). Furthermore, for the six months ending June 30, 2026, commission income from securities brokerage services more than doubled to approximately HKD 1.4 million (June 30, 2025: HKD 600,000).