SOUNDWILL HOLD announced its interim results, with a loss attributable to shareholders of approximately HKD 1.338 billion, an increase of 37.21% year-on-year
SOUNDWILL HOLD announced its mid-term results for 2025, with revenue of approximately HKD 181 million, a year-on-year decrease of 82.46%; the loss attributable to shareholders was approximately HKD 1.338 billion, a year-on-year increase of 37.21%; the loss per share was HKD 4.72. The announcement stated that the decrease in revenue was mainly due to a reduction in income from property development projects, and the increase in loss was primarily due to the decrease in income from property development projects and an investment property valuation loss of HKD 1.423 billion
According to the Zhitong Finance APP, SOUNDWILL HOLD (00878) announced its mid-term results for 2025, with revenue of approximately HKD 181 million, a year-on-year decrease of 82.46%; the loss attributable to the company's owners was approximately HKD 1.338 billion, a year-on-year increase of 37.21%; the loss per share was HKD 4.72.
The announcement stated that the decrease in revenue was mainly due to a reduction in income from property development projects. The increase in loss was primarily due to the decrease in income from property development projects during the period and a valuation loss of investment properties amounting to HKD 1.423 billion, compared to a loss of HKD 1.324 billion in the same period of 2024
