Core Viewpoint - Rongfeng Group Asia (08526) reported a significant decline in revenue and incurred a loss for the six months ending June 30, 2025, primarily due to project delays caused by economic downturns [1] Financial Performance - The company achieved revenue of HKD 66.69 million, a year-on-year decrease of 14.82% [1] - The company reported a loss of HKD 2.668 million, compared to a profit of HKD 2.315 million in the same period last year [1] - Basic loss per share was HKD 0.0164 [1] Project Management and Future Outlook - The loss was mainly attributed to a revenue decrease of approximately HKD 11.6 million due to project delays and cost overruns on multiple projects [1] - In March 2024, the company secured a preliminary contract for a new project valued at over HKD 383 million [1] - The company is focusing on quality assurance in project management and strict cost control measures, although any delays in new projects may impact financial performance for the year ending December 31, 2025 [1] - The company will continue to monitor ongoing project progress and seek suitable bidding opportunities to enhance profitability and shareholder returns [1]
荣丰集团亚洲(08526)发布中期业绩,净亏损266.8万港元,同比盈转亏