Core Viewpoint - Zhihua Group (01842) reported a decline in revenue and an increase in net loss for the six months ending June 30, 2025, indicating challenges in its financial performance and market conditions [1] Financial Performance - Revenue for the period was HKD 147 million, a decrease of 2.6% year-on-year [1] - The net loss expanded to HKD 8.466 million, an increase of 47.1% compared to the previous year [1] - Basic loss per share was HKD 0.071 [1] Contributing Factors - The increase in net loss was primarily due to: - Unrealized fair value losses on listed securities amounting to approximately HKD 3.3 million, compared to a loss of HKD 2.2 million in the first half of 2024 [1] - Administrative expenses increased by approximately HKD 1.9 million, mainly due to the company's efforts to diversify its supply chain network and advance business development plans [1] Market Conditions - Recent developments in U.S. tariffs have negatively impacted the company's initiatives, leading to limited short-term visibility on expected benefits [1] - Revenue decreased from HKD 150.8 million in the first half of 2024 to HKD 147 million during the reporting period [1]
植华集团(01842)发布中期业绩，净亏损846.6万港元，同比扩大47.1%