Core Viewpoint - The company reported a significant reduction in losses for the first half of 2025, despite a substantial decline in revenue due to macroeconomic factors affecting consumer spending [1] Financial Performance - Revenue decreased by approximately 44.2% to around 41.9 million [1] - The loss attributable to owners narrowed to 28.886 million, a year-on-year reduction of 68.71% [1] - Basic loss per share was approximately 0.97 cents [1] Factors Influencing Performance - The decline in revenue was attributed to inflation and interest rate hikes, which led to a decrease in disposable income and demand for furniture [1] - The reduction in net loss was primarily due to a one-time provision of approximately 60.6 million for receivables from related companies recorded in the same period last year, which did not recur in the current period [1]

Core Viewpoint - The company, Huangting Zhijia (01575), reported a significant decline in revenue for the first half of 2025, attributed to macroeconomic factors affecting consumer disposable income and demand for furniture [1] Financial Performance - Revenue decreased by approximately 44.2% to around 41.9 million [1] - The loss attributable to shareholders was 28.886 million, representing a year-on-year reduction of 68.71% [1] - Basic loss per share was approximately 0.97 cents [1] Factors Influencing Performance - The decline in revenue is primarily due to inflation and interest rate hikes, which have negatively impacted consumer spending power and furniture demand [1] - The reduction in net loss was mainly due to a one-time provision of approximately 60.6 million for receivables from related companies recorded in the same period last year, which did not recur in the current period [1]