Fengdelly Holdings (00571.HK) turned a loss into profit in the interim, reaching HKD 9.3 million

NightAirdropper · 2026-03-27T02:59:47+00:00

Fengde Li Holdings' semi-annual results as of January 31, 2026, show a revenue of HKD 354 million, a slight decrease of 0.3%. The company achieved a net profit of HKD 9.3 million, turning from loss to profit, mainly due to cost control and reduced production costs. The net profit per share is HKD 0.005. Although revenue from movies and TV programs decreased, some business segments experienced slight growth.

NightAirdropper

2026-03-27 02:59:47

Abstract generation in progress

Gelonghui, March 24 — Fengde Li Holdings (00571.HK) announced that for the six months ending January 31, 2026, the group recorded a revenue of HKD 354 million (2025: HKD 355 million), a slight decrease of about 0.3%. The net profit attributable to owners of the company significantly increased from a net loss of HKD 42.6 million for the six months ending January 31, 2025, to a net profit of HKD 9.3 million for the same period in 2026. During the review period, the turnaround from loss to profit was mainly due to the group’s implementation of operational and administrative cost control measures, as well as lower-than-expected entertainment production costs offsetting some of the losses from the group’s film investments. The company’s attributable net earnings per share were HKD 0.005 (2025: net loss of HKD 0.024 per share).

The slight decline in revenue was primarily due to reduced earnings from movies and TV programs, but compared to the same period last year, some growth in cinema operations and media and entertainment business revenue during the review period offset this decline.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.