---
title: "TOM GROUP reported a loss of 256 million last year and will not distribute dividends"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/231207698.md"
description: "TOM GROUP (2383) announced its performance for last year, with a shareholder loss expanding to HKD 256 million due to rising financing costs and a lack of impairment reversals, and no final dividend was declared. Total revenue decreased by 4.8% to HKD 747 million, affected by economic and geopolitical uncertainties, a strong US dollar, persistent inflation, and high interest rates. The loss of the mainland postal service narrowed to HKD 11 million, while Taiwan's Citylink Publishing Group recorded a profit of HKD 60 million, and the social media platform Pixnet reported a loss of HKD 13 million. The group's net debt reached HKD 1.663 billion, an increase of 28.92% year-on-year"
datetime: "2025-03-10T11:11:04.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/231207698.md)
  - [en](https://longbridge.com/en/news/231207698.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/231207698.md)
---

# TOM GROUP reported a loss of 256 million last year and will not distribute dividends

TOM GROUP **(2383)** announced its annual results for the year ending December last year. During the period, due to rising financing costs and the absence of impairment reversals like last year, the loss attributable to shareholders widened to HKD 256 million, and no final dividend will be distributed. The group faced increased uncertainty from economic and geopolitical factors, a strong US dollar, persistent inflation, and a high-interest-rate environment, all of which affected last year's business confidence and consumer spending, leading to a 4.8% decrease in total revenue to HKD 747 million.

The group indicated that the mainland e-commerce company Youle narrowed its losses by 85.9% year-on-year to RMB 11 million. The Taiwan-based Chengbang Publishing Group still recorded a segment profit of HKD 60 million and plans to seek opportunities to diversify its revenue sources and accelerate the digital transformation of its publishing business. The Taiwanese social digital media business Pixnet reported a loss of HKD 13 million for the year. The mobile internet group incurred a loss of HKD 7 million, while the advertising business group also reported a loss of HKD 400,000.

TOM GROUP has a 7.96% stake in the Asian fintech company WeLab, which has 70 million users and facilitated over USD 15 billion in loans. As for the sustainable data and software provider Miaoying Technology, the group holds approximately 6.22%. For the full year, its net debt reached HKD 1.663 billion, an increase of 28.92% year-on-year

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