CPM GROUP LIMITED (01932.HK): Expected First-Half Loss Narrowed to HK$19 Million–HK$21 Million

NewTimeSpace News: On 5 August 2026, CPM GROUP LIMITED (01932.HK) issued a profit forecast. Based on preliminary assessment of the unaudited consolidated management accounts, loss attributable to shareholders for the reporting period is projected to be between HK$19 million and HK$21 million, narrowed by 28% to 35% compared with the loss of HK$29.15 million in the prior corresponding period.

The announcement stated that the narrower loss was mainly driven by rising demand for industrial paints and coatings in Mainland China and sales growth following the restructuring of the Hong Kong sales team, which lifted gross profit and gross profit margin. In addition, several overdue trade receivables and bills were recovered, enabling the write-back of related impairment provisions. Part of the positive impacts were offset by fair value losses on investment properties and higher administrative expenses.

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