Joy Spreader Group Inc. Reports 92% Drop in Revenue and 76% Narrower Net Loss for H1 2025; Basic EPS at HK (3.61) Cents
Joy Spreader Group Inc. reported a 92% drop in revenue to HK$8.89 million for H1 2025, while gross profit surged 1,002% to HK$4.85 million. The net loss narrowed by 76% to HK$85.56 million. The company is focusing on transforming its operations, enhancing supplier resources, and expanding its product supply chain in Southeast Asia. Despite a significant decline in overseas e-commerce sales, Joy Spreader is improving distributor participation and traffic acquisition through short video platforms, aiming for sustainable long-term growth.
Joy Spreader Group Inc. reported revenue of HK$8.89 million for the six months ended June 30, 2025, representing a 92.01% decrease compared to HK$111.23 million in the same period of 2024. Gross profit increased to HK$4.85 million from HK$0.44 million, a rise of 1,002.27%. The loss attributable to owners of the company narrowed to HK$85.56 million from HK$355.20 million a year earlier, down 75.91%. The net loss margin was (962.43)%, compared to (319.34)% in the previous period. In the culture business segment, sales increased to HK$3.64 million from HK$0.88 million, up 313.64%. Overseas sales of e-commerce goods decreased by 89.70% to HK$3.38 million from HK$32.80 million. The company highlighted ongoing transformation efforts, including optimizing and upgrading its negotiation platform, expanding supplier resources, and enriching its product supply chain in Southeast Asia. Joy Spreader Group also reported enhanced participation from distributors and continued improvements in traffic acquisition through overseas short video platforms. The company stated that these initiatives are aimed at reducing financial pressure, improving operating cash flow, and supporting sustainable long-term development. Collaboration with a central state-owned culture enterprise was noted as a factor broadening the company’s customer base and business scope, particularly in areas such as Web3.0, blockchain, and content production. 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. Joy Spreader Group Inc. published the original content used to generate this news brief on September 25, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
