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The latest announcement is out from Infinity Development Holdings Co. Ltd. ( (HK:0640) ).
Infinity Development Holdings reported interim unaudited revenue of HK$401.5 million for the six months ended 31 March 2026, a 1.9% decline from a year earlier, with gross profit down 4.5% to HK$146.6 million. Net profit attributable to shareholders fell 13.8% to HK$48.8 million, as operating profit decreased and other gains turned to a small net loss, while finance costs dropped sharply and credit-loss provisions were partially reversed.
The company’s earnings per share slid about 20% on a restated basis, reflecting weaker profitability despite largely stable sales and cost of sales. The results indicate tightening margins and softer contributions from associates and non-operating items, signaling a more challenging operating environment that may weigh on returns to shareholders in the near term.
More about Infinity Development Holdings Co. Ltd.
Infinity Development Holdings Company Limited is a Cayman Islands-incorporated company listed in Hong Kong and Singapore. It operates as a diversified industrial group, generating revenue largely from manufacturing and related businesses, and serves a mix of regional and international customers across its key markets.
Average Trading Volume: 246,576
Technical Sentiment Signal: Buy
Current Market Cap: HK$883.8M
Learn more about 0640 stock on TipRanks’ Stock Analysis page.