New Silkroad Holding Group Limited reported a markedly reduced net loss for the six months ended 30 June 2026, as a sharp rise in revenue from newly launched semiconductor trading offset weaker property-management income.

Financial highlights • Revenue jumped 41.3% year-on-year to HK$301.49 million, driven by the general trading segment’s HK$140.63 million contribution (1H 2025: HK$0.02 million). • Gross profit declined 25.6% to HK$35.85 million; consolidated margin contracted to 11.9% (1H 2025: 22.5%) owing to the thin-margin semiconductor trade. • Net loss attributable to shareholders narrowed to HK$14.38 million from HK$41.73 million, helped by a much smaller goodwill impairment of HK$8.21 million (1H 2025: HK$48.46 million). • Basic and diluted loss per share fell to 0.44 HK cents from 1.30 HK cents. • Cash and cash equivalents stood at HK$193.46 million (31 December 2025: HK$282.35 million) after factoring in working-capital outflows and new investments. • Bank borrowings remained modest at HK$23.03 million, all maturing within one year; gearing eased to 1.9%.

Segment performance • Property management revenue slid 24.6% to HK$160.87 million as several contracts expired; segment gross profit fell to HK$33.94 million. • General trading—now focused on semiconductors and consumer goods—delivered HK$140.63 million revenue and HK$1.86 million gross profit, representing a 1.4% margin.

Balance sheet and equity • Total assets increased 12.7% to HK$1.54 billion, supported by higher trade receivables and fair-value gains on financial assets. • Net current assets improved to HK$380.93 million (31 December 2025: HK$305.58 million). • Total equity grew to HK$1.26 billion after issuing 641.52 million new shares at HK$0.215 each, which raised HK$137.76 million net on 16 June 2026.

Use of proceeds • The fresh capital is earmarked for seed-trading expansion (HK$55.10 million), semiconductor trading (HK$55.10 million) and general working capital (HK$27.56 million); HK$25.16 million had been applied by 30 June 2026.

Corporate developments • Board changes included the appointments of Dr. Tsai Cheng Chieh (independent non-executive director) and executive directors Ms. Wu Xuan and Mr. Duan Ran, alongside the resignations of Mr. Liu Huaming and Ms. Qiu Xuan. • Shareholders approved amended and restated bye-laws on 29 June 2026 to align with updated Hong Kong Listing Rules. • No interim dividend was declared.

Outlook Management will continue to diversify revenue via cross-border trade while seeking opportunities to dispose of non-core South Korean resort land to improve capital efficiency.