Hong Kong's Meilleure Health H1 revenue surges on property sales, but margins hit

Meilleure Health International Industry

27/08/2026 11:44

Overview
Hong Kong healthcare and property group's H1 revenue rose 841% yr/yr, driven by property sales
Gross profit margin fell to 17.3% from 81.1% as property sales have lower margins
Profit after tax nearly doubled, aided by Australian property handovers

Outlook
Company did not provide specific financial guidance or commentary on future outlook

Result Drivers
PROPERTY SALES - Revenue and profit growth were mainly driven by increased sales of completed properties in Australia
LOWER MARGIN MIX - Gross profit margin fell as property sales, which have lower margins, made up a larger share of revenue
HEALTHCARE SALES DECLINE - Healthcare-related business revenue fell due to reduced sales orders

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
HK$164.60 mln
 
H1 Net Income Attributable
 
HK$28.30 mln
 

Reuters Recommended Reads
Aug 26 - Hong Kong's Allied Group H1 revenue drops 64% on fewer property handovers
Aug 26 - Hong Kong's Cosmopolitan interim revenue skyrockets 892% on Chengdu hotel sale 
Aug 27 - Hong Kong home prices soft in July, first decline in 16 months

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Press Release s3://eap-prd-eu-west-1-source-content/eap_feed_proxy/fingerpost/HKSW/2026-08-27/bcc925af-d73a-48da-bb52-650c11e092a2.file
(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.)