Asia
Kingdom Holdings Expects Return to Profit in H1
Kingdom Holdings (HKG:0528) expects to report net profit attributable to owners of the parent of at least 100 million yuan for the first half of 2026, compared with a net loss of 118.6 million yuan a year earlier, according to a Tuesday Hong Kong bourse filing.The textile firm attributed the turnaround mainly to a recovery in linen yarn prices, which improved margins and profitability, as well as stronger demand from domestic linen consumer market.
HKG:0528
