Zhi Tong Cai Jing·2025-07-30 05:57Core Viewpoint - HSBC Holdings reported a significant decline in its financial performance for the first half of 2025, with a notable drop in both revenue and net profit compared to the previous year [1] Financial Performance Summary - The group achieved revenue of $34.1 billion, representing a 9% decrease year-on-year [1] - After-tax profit was $12.4 billion, down 30% compared to the previous year [1] - Net interest income decreased by $100 million compared to the first half of 2024, which included a negative impact of $400 million from currency translation differences [1] Quarterly Performance Summary - For the second quarter of 2025, pre-tax profit decreased by 29% to $6.3 billion, primarily due to a $2.1 billion impairment loss recognized in the transportation banking sector [1] - After-tax profit for the second quarter was $4.9 billion, a decrease of $2 billion or 29% from the previous quarter [1] - Revenue for the second quarter fell by $100 million to $16.5 billion, with a net interest margin of 1.56%, down 3 basis points from the previous quarter [1]