Hang Feng reports $553,033 first-half loss
- Hang Feng Technology Innovation reported first half 2026 revenue of $362,511, down from $1.33 million a year earlier, and swung to a net loss.
- The company posted a net loss of $553,033 compared with net income of $363,524 in the first half of 2025.
- Management said the decline was linked to lower corporate management consulting revenue as resources shifted toward real-world asset (RWA) initiatives.
Hang Feng Technology Innovation (NASDAQ:FOFO) reported first half 2026 revenue of $362,511 and a net loss of $553,033 as corporate management consulting revenue declined during a strategic shift toward real-world asset initiatives.
Revenue for the six months ended June 30, 2026 fell from $1,327,707 in the same period of 2025, when the company recorded net income of $363,524.
The company reported a comprehensive loss of $593,754 for the period, while total assets reached $8,215,946, including $6,606,369 in cash, and shareholders’ equity stood at $8,015,004.
Loan interest revenue contributed $329,755 during the period, providing cash flow support while the company expanded its RWA-focused strategy and corporate structure.
Hang Feng Technology Innovation also incorporated Singapore subsidiary HF Helios AI PTE Limited, completed a share capital re-designation, and said its Hong Kong unit received an SFC Type 1 license on July 7, 2026.
