Core Viewpoint - Orange Sky Golden Harvest (01132) reported a decrease in revenue for the first half of 2025, attributed to a lack of blockbuster films leading to reduced attendance, but achieved profitability due to several non-recurring income sources [1] Financial Performance - Revenue from continuing operations was approximately HKD 363 million, a year-on-year decrease of 2% [1] - Profit attributable to equity holders was HKD 137 million, marking a turnaround from a loss [1] - Earnings per share stood at HKD 0.0488 [1] Factors Contributing to Profitability - The company benefited from the termination of several cinema leases, resulting in a non-recurring income of HKD 19.1 million and HKD 85.8 million from lease modifications [1] - A tax credit of HKD 32.6 million was generated from the sale of a property in Singapore, which allowed for the reversal of deferred tax liabilities [1] - There were no impairment losses on non-financial assets in the first half of 2025, contrasting with a loss of HKD 313.3 million in the same period of 2024 [1] - The company did not record the non-recurring income of HKD 294.3 million from the sale of an associate in the first half of 2025, which was present in the previous year [1] - Operating expenses were reduced due to cost-cutting measures and short-term rental support [1]
橙天嘉禾公布中期业绩 股权持有人应占溢利1.37亿港元 同比扭亏为盈