Earnings ·
Fenbo Holdings reports HK$5.0M net loss and US$5.8M revenue for H1 2026
FEBOFenbo Holdings Ltd
Fenbo Holdings Limited reported a net loss of HK$5.0 million (US$0.6 million) for the six months ended June 30, 2026, widening from HK$3.8 million in the prior year period. Revenue increased 5.8% to HK$45.2 million (US$5.8 million), driven by a rise in U.S. exports to HK$22.2 million following a U.S. Supreme Court ruling limiting presidential tariff authority. Gross profit contracted 20.5% to HK$5.2 million as cost of sales rose faster than revenue, compressing margins from 15.2% to 11.4%. The company held HK$16.4 million in cash and maintained HK$8.0 million in bank borrowings. Fenbo Holdings manufactures electrical hair styling products under the Remington brand for Spectrum Brands.