Core Viewpoint - Puda Technology (00650) anticipates a net loss attributable to equity shareholders of approximately HKD 87.7 million for the six months ending September 30, 2025, a decrease from a loss of HKD 160.7 million for the same period in 2024 [1] Financial Performance - The expected net loss for the upcoming period is primarily due to ongoing development and expansion in the semiconductor and solar industries, resulting in R&D and administrative expenses of about HKD 93.5 million [1] - The loss has decreased by approximately HKD 73 million compared to the same period in 2024, attributed to improved operational and investment performance [1] Cost Management - Administrative and R&D expenses decreased by about HKD 37.7 million from approximately HKD 131.1 million, mainly due to cost control measures implemented in response to a sluggish market environment [1] - The reduction in R&D material costs followed the completion of major product development [1] Investment Performance - 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 [1] - Impairment losses on investments in an associate improved from approximately HKD 40.4 million to no impairment loss recorded [1] Revenue Impact - The total revenue for the reporting period decreased, partially offset by a reduction in gross profit contribution from the company's oil and equipment business of about HKD 20 million [1]
普达特科技(00650)预期中期亏损同比收窄