Core Viewpoint - The company, Puda Tech (00650.HK), anticipates a net loss attributable to equity shareholders of approximately HKD 87.7 million for the six months ending September 30, 2025, a significant improvement compared to a loss of HKD 160 million for the same period in 2024 [1][2] Financial Performance - The expected net loss of HKD 87.7 million is primarily due to research and development (R&D) and administrative expenses amounting to approximately HKD 93.5 million related to the ongoing development and expansion of the semiconductor and solar industries [1] - The loss has decreased by approximately HKD 73 million compared to the same period in 2024, attributed to improvements in operational and investment performance [2] - Administrative and R&D expenses decreased by about HKD 37.7 million, mainly due to cost control measures implemented in response to a sluggish market environment and reduced material costs after the completion of major product R&D [2] - Investment income from changes in the fair value of fund investments improved from a loss of approximately HKD 0.9 million to a gain of about HKD 9.6 million [2] - The impairment loss on investments in an associate company improved from approximately HKD 40.4 million to no recorded impairment loss [2] - The total revenue decline was partially offset by a reduction in gross profit contribution from the company's oil and equipment business, amounting to approximately HKD 20 million [2]
普达特科技(00650.HK)：预计中期亏损缩窄至8770万港元