Hong Kong's Smart Globe Holdings H1 revenue jumps 86% on fleet expansion

Smart Globe Holdings

22/09/2026 11:27

Overview
Hong Kong supply chain manager's interim revenue grew 86% yr/yr to HK$190.7 mln
Growth driven by logistics services, offset by weak printing segment performance
Board did not recommend interim dividend for 2026 H1

Outlook
Company did not provide specific financial guidance or outlook for the current or future periods

Result Drivers
SUPPLY-CHAIN DEMAND – Revenue growth was driven by robust demand; the trucking fleet expanded to 121 vehicles from 62 and services broadened into warehousing and material sourcing
PRINTING HEADWINDS – Weak market demand and intensified competition drove the printing segment to a loss and partially offset Group growth
EXPANSION STAFF COSTS – Administrative expenses rose HK$6.3 mln to HK$17.4 mln due to higher staff costs from business expansion

Company press release: Full Story

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
HK$190.73 mln
 

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Press Release https://www1.hkexnews.hk/listedco/listconews/sehk/2026/0922/2026092200893.pdf
(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.)