Pico generates US$427m first half of FY2026

Hong Kong, 26th June: Last week, Hong Kong-listed Pico Far East Holdings announced its interim results for the six months ended 30th April 2026. Revenues were US$427 million, a year-on-year decrease of 3.5%. Profits in the six-month period was nearly flat with the same period last year, amounting at US$26 million. Diluted earnings per share in the first half of the financial year were HK$0.164 (US$0.021).

In terms of business segments, more than 86% of Pico’s revenues were generated from its brand experience activation business (US$368 million), which dropped 8.7% year-on-year. The decline was attributable to business disruption in the EMEA region. The company had minimised the impact through the strategic redevelopment of resources to projects in other markets while maintaining its commitment to the region from a longer-term perspective.

The remaining revenues were generated from its museum & themed entertainment business (US$53 million), and the meeting architecture activation business (US$6.5 million).

Revenues from the museum & themed entertainment business jumped 56% over the previous year, while the meeting architecture activation business increased by 8.6%. The museum & themed entertainment business’s growth was supported by projects delivered across Asia-Pacific and Greater China. The increase of the meeting architecture activation business was driven by increasing demand for integrated marketplace activations.