TK GROUP HLDG (02283) released its interim results, with shareholders' profit attributable to them amounting to HKD 21.91 million, a decrease of 74.75% compared to the same period last year.

TK GROUP HLDG (02283) announced its interim results for the six months ending June 30, 2026, reporting revenues of HK$1.156 billion, an increase of 10.11% year-on-year; profit for the period was HK$21.91 million, a decrease of 74.75% year-on-year; basic earnings per share were HK$0.026, and an interim dividend of HK$0.011 per share is proposed. The announcement stated that the gross profit margin for the period was 17.4%, down 7.9 percentage points from 25.3% in the same period last year. This decline was primarily due to most of the Group's new projects still being in development and trial production stages, which involves a certain cycle from R&D to mass production, resulting in concentrated upfront costs that affected profitability during the period. Additionally, the semiconductor shortage has led to frequent adjustments in production schedules by customers, which has exerted pressure on production efficiency and gross profit margins in the short term.