Core Viewpoint - Xinxing Group (01170) reported a revenue of approximately HKD 347 million for the six months ending September 30, 2025, representing a year-on-year growth of 6.5% [1] Financial Performance - The company recorded a loss attributable to equity holders of HKD 6.568 million, a reduction of 49.35% year-on-year [1] - Basic loss per share was HKD 0.098, with a special interim dividend of HKD 0.02 per share [1] Revenue Drivers - Revenue growth was primarily driven by an increase in customer orders during the tariff suspension period and the positive impact of newly introduced brands, reflecting a low base effect compared to the same period last year [1] - Business volume increased by 5.3%, although the average selling price decreased by 1.8%, attributed to brand clients opting for lower-priced product options due to cautious market sentiment [1] Loss Mitigation Factors - The reduction in net loss was mainly due to improved gross profit and an increase in share of profits from the joint venture in Central Vietnam, which rose to approximately HKD 16.3 million (2024: approximately HKD 5.8 million) [1] - This was partially offset by a rise in fair value losses from investment properties in mainland China and Hong Kong, which increased to approximately HKD 17.6 million (2024: approximately HKD 6.5 million) [1] - Other factors included a decrease in interest income and a one-time bad debt provision of approximately HKD 2.2 million related to the factory in Vietnam [1]
信星集团(01170)公布中期业绩 权益持有人应占亏损656.8万港元 同比收窄49.35%