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China Motor Bus Swings to Deeper Interim Loss on Property Valuation Hit

Story Highlights
  • China Motor Bus’s interim operating profit nearly halved as rental and interest income declined following a major property disposal.
  • The company’s wider net loss was driven by sizable non-cash property valuation losses, though management says its financial position remains healthy.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
China Motor Bus Swings to Deeper Interim Loss on Property Valuation Hit

Meet Samuel – Your Personal Investing Prophet

China Motor Bus Co. Ltd. ( (HK:0026) ) has provided an announcement.

China Motor Bus Company reported an unaudited consolidated operating profit of HK$16.88 million for the six months ended 31 December 2025, down from HK$35.17 million a year earlier, as rental income fell following the disposal of an investment property and finance income declined amid lower interest rates. The group posted a wider loss after tax of HK$64.40 million, compared with HK$34.21 million, driven mainly by HK$101.78 million of non-cash valuation losses on investment properties held directly and through joint ventures, yet management emphasized that operating cash flow was unaffected and that the overall financial position remains healthy.

Turnover dropped to HK$19.52 million from HK$33.26 million as the absence of the prior period’s HK$109 million gain on disposal and lower property-related income weighed on results. While the interim figures have not been audited, they have undergone review by the company’s auditor and audit committee, providing shareholders with limited assurance as the group navigates softer property valuations and a lower interest-rate environment.

More about China Motor Bus Co. Ltd.

China Motor Bus Company, Limited is a Hong Kong-incorporated company whose core activities now center on property investment and related income streams rather than its historical transport operations. The group holds investment properties directly and through joint ventures and associates, generating rental and finance income that underpin its balance sheet and cash flow profile.

Average Trading Volume: 5,622

Technical Sentiment Signal: Buy

Current Market Cap: HK$2.74B

For an in-depth examination of 0026 stock, go to TipRanks’ Overview page.

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