Hong Kong's Elate Holdings swings to profit in H1 on cryptocurrency gains

OverviewHong Kong investment holding firm's interim revenue grew yr/yr for six months ended June 2026Company swung to net profit from loss in prior periodEarnings per share rose to 9.26 US cents from a loss last yearOutlookCompany remains committed to strategically positioning itself within the evolving Web 3.0 landscapeCompany has taken initial steps by entering into several collaboration agreements aimed at jointly developing Web 3.0-related business opportunitiesResult DriversCRYPTOCURRENCY GAINS - Significant fair value gains on cryptocurrencies contributed to profitKey DetailsMetricH1 RevenueBeat/MissActual$76.40 mlnConsensus EstimateReuters Recommended ReadsAug 28 - Hong Kong's Lippo China Resources swings to H1 profit on insurance recoveryAug 28 - Hong Kong's Yunfeng Financial H1 net profit jumps on insurance business strengthAug 28 - Hong Kong's Data Union Capital HY revenue rises on digital marketing solutions businessFor questions concerning the data in this report, contact [email protected]. For any other questions or feedback, contact .