Ernest Borel Holdings Ltd. Reports 5.1% Decline in Revenue to HK$38.0 Million and Net Loss of HK$21.8 Million for 1H 2025
Ernest Borel Holdings Ltd. reported a 5.1% decline in revenue to HK$38.0 million for the first half of fiscal year 2025, down from HK$40.1 million in 2024. Gross profit fell to HK$6.3 million, with a gross profit margin of 16.5%. The net loss increased to HK$21.8 million, compared to HK$5.3 million in the previous year. The company attributed these declines to global economic uncertainties and geopolitical tensions affecting the watch industry. Management remains optimistic about future growth and business expansion in the second half of the year.
Ernest Borel Holdings Ltd. reported its interim results for the first half of the fiscal year 2025. The Group recorded revenue of approximately HK$38.0 million for the six months ended 30 June 2025, down from HK$40.1 million in the first half of fiscal year 2024, representing a decrease of about 5.1%. Gross profit decreased to HK$6.3 million from HK$19.4 million in the same period last year, with the gross profit margin declining to 16.5% from 48.5%. The loss attributable to equity holders of the company increased to HK$21.8 million for the period, compared to a loss of HK$5.3 million in the first half of 2024. The company attributed the decrease in revenue and profit margins to uncertainties in the global macroeconomic environment and geopolitical tensions, which led to a slower-than-expected recovery in the watch industry. The Group stated it will focus on expanding its business and pursuing new opportunities in the second half of the year. Management expressed confidence in the company’s long-term development, citing ongoing initiatives and the leadership of the Board of Directors. 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. Ernest Borel Holdings Ltd. published the original content used to generate this news brief on September 29, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
