千百度(01028.HK)中期亏损1.42亿元

Core Viewpoint - The company reported a significant decline in total revenue and incurred a net loss for the six months ending June 30, 2025, primarily due to impairment losses and weak domestic demand [1] Financial Performance - Total revenue decreased by 11.2% year-on-year to RMB 640.2 million [1] - The net loss for the period was RMB 141.8 million, compared to a profit of RMB 52.4 million attributable to shareholders for the same period last year [1] Business Challenges - The net loss was mainly attributed to impairment provisions related to trade debts owed by Meili Hua Enterprises (Nanjing) Co., Ltd [1] - The fashion footwear business experienced a decline in revenue due to tariffs and weak domestic consumer demand [1]