ZO Future Group (2309) H2 2026 earnings summary

Executive summary

• Achieved a profit attributable to owners of HK$111.5M, reversing a prior year loss of HK$314.0M, mainly due to a HK$357.8M gain from the disposal of the football club business.

• Continuing operations now focus on new energy automobiles and investment properties after ceasing the football club segment.

Financial highlights

• Revenue from continuing operations rose 7.6% year-over-year to HK$163.4M.

• Gross profit increased 36.1% to HK$51.5M.

• Loss from continuing operations attributable to owners was HK$117.6M (2025: HK$101.8M).

• Loss per share from continuing operations was HK12.74 cents.

• Net cash outflow from continuing operating activities was HK$93.6M.

Outlook and guidance

• Plans to deepen market diversification, expand into emerging regions, and accelerate R&D in core technologies.

• Will continue to explore new business opportunities in AI and natural resources.

• Remains confident in long-term growth despite macroeconomic and geopolitical challenges.