Hong Kong's Elate Holdings swings to profit in H1 on cryptocurrency gains

Elate Holdings

31/08/2026 10:42

Overview
Hong Kong investment holding firm's interim revenue grew yr/yr for six months ended June 2026
Company swung to net profit from loss in prior period
Earnings per share rose to 9.26 US cents from a loss last year

Outlook
Company remains committed to strategically positioning itself within the evolving Web 3.0 landscape
Company has taken initial steps by entering into several collaboration agreements aimed at jointly developing Web 3.0-related business opportunities

Result Drivers
CRYPTOCURRENCY GAINS - Significant fair value gains on cryptocurrencies contributed to profit

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
$76.40 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.)