IPE GROUP (00929) announced its interim results, with a profit attributable to shareholders of HKD 2.435 million, an increase of 10.43% year-on-year.

IPE GROUP (00929) announced its interim results for the six months ending June 30, 2026, reporting revenue of HKD 627 million, an increase of 28.63% year-on-year; profit attributable to equity shareholders of the company was HKD 2.435 million, reflecting a year-on-year increase of 10.43%; and earnings per share were HKD 0.002. In the first half of this year, gross profit reached HKD 178.66 million, compared to HKD 137 million in the same period last year. Despite facing multiple factors such as domestic competition and the geopolitical conflict between the U.S. and Iran driving up raw material costs, the gross profit margin for the first half of this year was 28.5%, maintaining the same level as last year's margin of 28.1%.