TOM Group Limited released its 2026 interim results for the six months ended 30 June, reporting consolidated revenue of HK$335.25 million, marginally lower than the HK$338.69 million recorded a year earlier. Gross profit reached HK$144.00 million, lifting gross margin to 42.8% (1H 2025: 42.5%).

Financial Performance • Loss before net finance costs and taxation swung from a HK$5.72 million profit in 1H 2025 to a HK$9.70 million loss, reflecting larger share-of-loss from associates and a reduced write-back of payables. • Net finance income was HK$5.47 million versus a HK$92.20 million finance cost in the prior period, following full repayment of bank loans in November 2025 and the issuance of HK$4.50 billion perpetual capital securities. • Loss attributable to ordinary shareholders widened to HK$157.44 million (1H 2025: HK$98.70 million). Basic loss per share from continuing operations increased to HK3.98 cents (1H 2025: HK2.42 cents).

Segment Review • Media Business (Publishing & Advertising): Revenue HK$333.27 million; segment profit HK$17.10 million. The Taiwan-based Publishing Group generated HK$326.97 million revenue and HK$18.40 million profit, maintaining market leadership despite muted consumer sentiment. • Technology Platform & Investments (E-Commerce & Mobile Internet): Revenue HK$1.98 million; segment profit HK$0.44 million. Continued emphasis on AI-driven efficiency and product innovation. • Associates: Ule recorded an RMB21 million net loss; TOM’s share was HK$5.30 million.

Balance Sheet and Liquidity • Cash and cash equivalents stood at HK$941.42 million; restricted cash was HK$5.05 million. • Net current assets totalled HK$710.15 million; current ratio remained at 2.30. • Net assets were HK$2.50 billion (31 Dec 2025: HK$2.58 billion). • Perpetual capital securities amounted to HK$4.67 billion, classified as equity. The Group holds no bank borrowings following the 2025 repayment.

Cash Flow • Operating activities generated HK$38.60 million inflow, reversing an outflow of HK$42.64 million in 1H 2025 due to lower finance costs. • Investing outflows reached HK$47.34 million, largely for HK$51.80 million capital expenditure. • Financing outflows totalled HK$9.93 million, mainly lease payments. Overall, cash decreased by HK$18.67 million during the period.

Investment Portfolio Developments • Fair-value decline in WeLab holdings led to a HK$72.99 million other comprehensive loss; TOM retains a 7.66% issued stake valued at HK$597.40 million. • Ule investment carrying value stood at HK$354.05 million, representing 11.45% of total assets.

Operational Highlights and Outlook Management highlighted continued integration of AI across core processes, expansion of rural e-commerce with China Post via Ule, and growth of fintech affiliate WeLab’s digital banking footprint. The Group plans to pursue selective growth while maintaining cost discipline and a conservative liquidity stance. No interim dividend was declared.

Compliance and Other Matters • No material contingent liabilities or capital commitments reported. • No purchases, sales or redemptions of TOM Group shares during the period. • The Board confirms full compliance with Hong Kong’s Corporate Governance Code and Model Code for Securities Transactions by Directors.

This interim disclosure has been reviewed by the Audit Committee and by PricewaterhouseCoopers under HKSRRE 2410.