Top Spring FY26 H1 loss narrows 43.97% to HK$350.4 million; revenue drops 47.7% to HK$385.7 million

Top Spring interim revenue fell 47.7% to HK$385.7 million, while loss attributable to equity shareholders and PCSs holders narrowed to HK$350.4 million. Property sales dropped 71.8% to HK$139.2 million, while rental income slipped 1.7% to HK$103.6 million. Gross loss widened to HK$216.2 million from HK$19.5 million, and gross loss margin expanded to 56.1% from 2.6%. Investment properties posted a HK$9.9 million fair value gain, swinging from a HK$635.1 million fair value loss a year earlier. Occupancy across investment properties eased to 83.2% from 88.7%, while first-half pre-sales fell 42.6% to HK$258.8 million. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Top Spring International Holdings Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260924-12344987), on September 24, 2026, and is solely