ALLEGRO CULTURE (00550.HK): Expects H1 Turnaround with Net Profit of HKD 3-5 Million

NewTimeSpace · 2026/08/14 19:08 · By Boyuan Chen

NewTimeSpace News: On 14 August 2026, ALLEGRO CULTURE (00550.HK) issued a positive profit alert, expecting H1 net profit of HKD 3.0-5.0 million, versus a net loss of approximately HKD 10.8 million a year earlier, driven by revenue and gross profit growth in its advertising business across Hong Kong and the Greater Bay Area.

NewTimeSpace News: On 14 August 2026, Allegro Culture Limited (stock code: 00550) issued a positive profit alert, expecting a net profit of approximately HKD 3.0 million to HKD 5.0 million for the first half of 2026, turning around from a net loss of approximately HKD 10.8 million in the prior-year period.

The announcement attributed the turnaround mainly to increased revenue and gross profit, driven by growth in the Group's online media and event advertising business, supported by the expanded scale and scope of integrated advertising and promotion services in Hong Kong and mainland China, particularly in the Greater Bay Area. The interim results will be published in August 2026.

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ALLEGRO CULTURE 00550.HK positive profit alert