Earnings ·
Alpha Technology Group reports HK$10M net loss as SG&A expenses surge 80.9% on donations and market expansion costs
ATGLAlpha Technology Group Ltd
Alpha Technology Group Ltd filed its six-month interim financial statements for the period ended March 31, 2026. The company reported revenues of HK$4,534,118 (US$578,331), a 48.4% increase from HK$3,054,923 in the prior year period, driven by growth in system development and maintenance services. Gross profit margins expanded to 66.90% from 45.36%, aided by cost containment initiatives. However, selling, general, and administrative expenses surged 80.9% to HK$12,912,717 due to HK$3.1 million in donations and sponsorships, increased entertainment costs, and travel expenses for market expansion. Consequently, the net loss widened to HK$10,047,296 from HK$5,640,188. The company also disclosed the November 2025 acquisition of Zhengzhou Ouqin Information Technology Co., Ltd. Alpha Technology Group Ltd operates in the information technology sector, providing system development and maintenance services.