Neway Group Holdings Reports 12.3% Decline in Six-Month Revenue; Manufacturing and Sales Business Sees Continued Losses

Reuters
2025.08.29 11:16
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Neway Group Holdings Limited reported a 12.3% decline in revenue for the six months ending June 30, 2025, totaling HK$169.206 million, down from HK$193.008 million the previous year. The Manufacturing and Sales Business segment revenue fell to HK$157.785 million, while the Lending Business segment dropped to HK$0.880 million. The Manufacturing and Sales Business improved its loss to HK$5.095 million from HK$8.617 million, but the Lending Business recorded a loss of HK$0.337 million, down from a profit of HK$1.266 million.

Neway Group Holdings Limited has announced its unaudited condensed consolidated results for the six months ended 30 June 2025. The Group reported a total revenue of HK$169.206 million, a decrease from HK$193.008 million in the corresponding period of the previous year. The Manufacturing and Sales Business segment saw a decline in revenue to HK$157.785 million, compared to HK$177.671 million in the previous year. The Lending Business segment also experienced a drop in revenue, reporting HK$0.880 million, down from HK$2.362 million. The Group reported a segment profit (loss) for the Manufacturing and Sales Business at a loss of HK$5.095 million, which is an improvement from the loss of HK$8.617 million in the same period last year. However, the Lending Business recorded a segment loss of HK$0.337 million, compared to a profit of HK$1.266 million in the previous year. The announcement did not include any forward-looking guidance or outlook. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Neway Group Holdings Limited published the original content used to generate this news brief on August 29, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here