Coolpad Group Reports Narrowed Interim Loss for First Half of 2026

Stock News
Aug 28

Coolpad Group (02369) has released its interim results for the six months ending June 30, 2026, revealing a notable reduction in its net loss attributable to shareholders.

The company recorded revenue of HK$253 million for the period, marking a significant increase of 45% compared to the previous corresponding period. Meanwhile, the net loss attributable to owners of the company narrowed to HK$56.727 million, reflecting a 29% decrease year-on-year. The loss per share stood at HK17.09 cents.

According to the company's announcement, the revenue growth can be primarily attributed to the gradual expansion of its artificial intelligence infrastructure business, particularly in AI hardware and equipment, which commenced during the first half of 2026.

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