LOCO HK (08162.HK): H1 2026 profit attributable to shareholders of HKD 22.088 million, up 27.1% YoY

NewTimeSpace News: On 12 August 2026, LOCO HK (08162.HK) announced its 2026 interim results, with total revenue of HKD 10.275 billion, up 1.07% year on year; net profit of HKD 22.088 million, up 27.1% YoY; profit attributable to shareholders of HKD 22.088 million, up 27.1% YoY; and earnings per share of 2.22 HK cents.

In terms of profitability, the Company's gross profit changed from a profit of HKD 38.767 million in the corresponding period last year to a profit of HKD 38.57 million in the current period, a decrease of HKD 0.197 million; the gross profit margin remained at 0.38%, down 0.01 percentage point. Net profit changed from a profit of HKD 17.378 million to a profit of HKD 22.088 million, an increase of HKD 4.71 million; the net profit margin rose from 0.17% to 0.21%, up 0.04 percentage point.

In terms of earnings quality, operating profit changed from a profit of HKD 24.86 million to a profit of HKD 31.241 million, an increase of HKD 6.381 million; the operating profit margin rose from 0.24% to 0.3%, up 0.06 percentage point. Net cash flows generated from operating activities changed from an inflow of HKD 261 million to an outflow of HKD 301 million, a decrease of HKD 562 million; the ratio of operating cash flow to total revenue changed from 2.57% to -2.93%, down 5.5 percentage points.

In terms of financial soundness, the debt-to-asset ratio decreased from 94.64% to 69.62%, down 25.02 percentage points; total equity increased from HKD 169 million to HKD 243 million, up HKD 74.002 million; cash and cash equivalents decreased from HKD 334 million to HKD 124 million, down HKD 210 million; current liabilities decreased from HKD 2,975 million to HKD 552 million, down HKD 2,423 million; and the quick ratio increased from 1.06 to 1.42, up 0.36.