FIRST SHANGHAI (00227) announced its interim results, reporting a loss attributable to shareholders of HKD 6.814 million, shifting from profit to loss year-on-year.
The First Shanghai (00227) announced its interim results for 2026, with revenue of approximately HK$197 million, a year-on-year increase of 2.62%; the company's attributable loss to shareholders was HK$6.814 million, turning from profit to loss compared to the same period last year; the loss per share was HK$0.31.
FIRST SHANGHAI (00227) announced its mid-term results for 2026, with a revenue of approximately HKD 197 million, representing a year-on-year increase of 2.62%. The company's loss attributable to shareholders was HKD 6.814 million, reversing from profit to loss compared to the previous year; loss per share was HKD 0.31.
The announcement stated that the decline in performance was mainly due to the recognition of unrealized fair value losses on a financial asset, as well as a decrease in revenue and profit margins for hotel operations due to weak demand for leisure and business travel in the Wuxi area.
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