Core Viewpoint - Open Source Holdings (01215) reported a significant decline in its mid-year performance for 2025, with a revenue of HKD 74.662 million, representing a year-on-year decrease of 48.08%, and a net loss of HKD 99.956 million, marking a shift from profit to loss [1] Financial Performance - Revenue for the period was HKD 74.662 million, down 48.08% year-on-year [1] - The company experienced a net loss of HKD 99.956 million, compared to a profit in the previous year [1] - Earnings per share were reported at a loss of HKD 0.78 [1] Contributing Factors to Loss - The transition from profit to loss was primarily due to several factors: - Closure of certain areas of the Paris Marriott Hotel for renovations, leading to a revenue shortfall and a gross loss of approximately HKD 10.1 million [1] - Impairment provisions for loans from joint ventures amounting to approximately HKD 63.7 million [1] - Increased financing costs due to a rise in interest rates on a EUR 175 million bank loan set to renew in 2024 [1] - Decrease in other income and earnings due to lower bank deposit interest rates [1]
开源控股公布中期业绩 净亏损9995.6万港元 同比盈转亏