Core Viewpoint - The Hongxing Printing Group (00450) reported a significant decline in revenue and an increase in losses for the six months ending June 30, 2025, primarily due to rising costs and cautious consumer sentiment driven by trade barriers and inflation pressures [1]. Financial Performance - The group achieved a revenue of HKD 935 million, representing a year-on-year decrease of 14.63% [1]. - The loss attributable to equity holders amounted to HKD 48.779 million, which is an increase of 990.76% compared to the previous year [1]. - The loss per share was reported at HKD 0.054 [1]. Market Conditions - The group's main clients are international brands from Europe and the United States, facing increased "landed costs" due to ongoing tariff uncertainties [1]. - Trade barriers have intensified the operational challenges for clients and have weakened consumer purchasing power due to rising import prices, leading to a more cautious consumer sentiment [1]. - Supply chain disruptions continue, making consumers more sensitive to inflationary pressures [1].
鸿兴印刷集团(00450)发布中期业绩，股东应占亏损4877.9万港元 同比增加990.76%