NEW TIMES CORP released its interim results, with a loss attributable to shareholders of HKD 61.1 million, an increase of 145.38% year-on-year
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NEW TIMES CORP released its interim results for the period ending June 30, 2025, reporting a loss attributable to shareholders of HKD 61.1 million, an increase of 145.38% year-on-year. The group's revenue was HKD 7.086 billion, an increase of 56.85% year-on-year. The loss was mainly due to weak natural gas prices and a decline in production from its Canadian energy business, leading to a compression of operating profit margins. Despite continued losses in the precious metals refining and trading business, net investment income improved to HKD 9.3 million
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