Yuxing InfoTech Investment Holdings Limited released its unaudited interim results for the six months ended 30 June 2026, showing a sharp contraction in top-line performance and a materially wider loss, driven by weaker sales in its Information Home Appliance (IHA) and Internet Data Centre (IDC) divisions.

Revenue and Profitability • Revenue fell 63.3 % year on year to HK$16.52 million, as IHA orders receded and rental income from IDC facilities declined. • Gross profit retreated 42.3 % to HK$9.55 million, while gross margin expanded to 57.8 % (H1 2025: 36.8 %). • Loss attributable to shareholders widened to HK$50.17 million versus a HK$29.99 million loss a year earlier. • Basic and diluted loss per share increased to HK2.02 cents (H1 2025: HK1.21 cents). • No interim dividend was declared.

Segment Performance • IHA: Revenue plunged 70.7 % to HK$9.35 million; segment profit narrowed to HK$0.75 million (-81.8 %). • IDC: Revenue declined 45.3 % to HK$7.17 million; segment recorded a HK$2.19 million loss, exacerbated by a HK$10.10 million impairment on Hong Kong IDC facilities. The planned US-IDC disposal for US$110 million lapsed in March 2026, eliminating rental contributions during the period. • Leasing: Rental income slipped to HK$6.10 million; a HK$11.67 million fair-value loss on PRC investment properties drove a HK$8.14 million segment loss. • Investing: A HK$7.56 million fair-value loss on financial assets, led by unlisted equity holdings, offset HK$11.70 million in exclusivity income linked to the terminated US-IDC sale. • Other operations reported a HK$6.34 million loss.

Balance Sheet and Liquidity • Total assets: HK$1.86 billion; equity attributable to owners: HK$1.54 billion (net assets per share: HK$0.62). • Cash and bank balances stood at HK$18.97 million; current ratio was 1.8 times; gearing ratio increased slightly to 20.9 %. • Cryptocurrencies on hand totalled HK$40.56 million after the disposal of 5.5 million units of Tether USD during the period. • Net cash from operations reached HK$19.09 million; combined investing and financing outflows led to a HK$16.93 million reduction in cash.

Key Items Affecting Results • Impairment and revaluation: HK$10.10 million impairment on IDC plant and HK$11.67 million revaluation loss on investment properties. • Fair-value movements: HK$7.56 million loss on financial assets at fair value through profit or loss, primarily linked to private equity holdings. • One-off income: HK$11.70 million exclusivity fee related to the now-terminated US-IDC disposal.

Management Outlook The Board flagged persistent headwinds for standalone set-top-box demand and continued pressure on IDC earnings following the lapse of the US-IDC transaction. The Group intends to focus on higher-margin IHA products, actively pursue a new buyer for the US-IDC asset and maintain stringent cost controls to preserve liquidity.