Hong Kong's Cross-Harbour Holdings H1 revenue, profit fall on lower treasury returns, discontinued ops

Cross-Harbour Holdings

20/08/2026 11:57

Overview
Hong Kong investment holding company's revenue fell yr/yr for six months ended June 2026
Net income attributable to shareholders declined yr/yr
Company declared second interim dividend of HK$0.07 per share, up from HK$0.06 last yr

Outlook
Company expects Hong Kong's driving-training market to continue contracting in H2 2026
Company expects HKeToll revenue and profit contribution to grow further in 2026 as Central Kowloon Bypass tolling starts in Q4

Result Drivers
LOWER TREASURY RETURNS – Profit attributable to shareholders fell 22.1%, mainly due to lower treasury-management profit
DISCONTINUED-OPERATION LOSS – H1 2025 included HK$18.7 mln of profit from the since-dissolved Western Harbour Tunnel associate, versus nil this year
WEAKER DRIVING-SCHOOL DEMAND – Motoring-school profit before tax fell 8.5% as a contracting training market and weak consumer sentiment reduced completed lessons

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
HK$437.1 mln
 
H1 Net Income Attributable
 
HK$404.4 mln
 

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)