RUIHE DATA released its interim results, with a profit attributable to shareholders of HKD 43.186 million, turning from a loss to a profit year-on-year
RUIHE DATA released its interim results for the period ending June 30, 2025, with a profit attributable to shareholders of HKD 43.186 million, turning a profit compared to a loss in the same period last year. The group's revenue was HKD 120 million, a decrease of 33.49% year-on-year. During the reporting period, the main reason for the profit was the recognition of fair value gains of approximately HKD 63.015 million from its holdings in Tokyo Central Auction Holdings Limited, as well as cost reduction and efficiency improvement measures that reduced R&D, administrative, financing, and sales expenses. The company continues to strengthen its core competitiveness in the fields of data intelligence and marketing technology, actively exploring new business models
According to the Zhitong Finance APP, RUIHE DATA (03680) released its interim results for the six months ending June 30, 2025. The group achieved revenue of HKD 120 million, a year-on-year decrease of 33.49%; the profit attributable to shareholders was HKD 43.186 million, compared to a loss of HKD 36.04 million in the same period last year; earnings per share were 6.28 cents.
The profit during the reporting period was mainly due to the company's holding of 15 million shares of Tokyo Central Auction Holdings Limited (01939), which recognized a fair value gain of approximately HKD 63.015 million; and the group actively promoted cost reduction and efficiency enhancement measures during the reporting period, resulting in a decrease in research and development expenses, administrative expenses, financing costs, and sales expenses compared to the same period last year.
During the reporting period, the group continued to strengthen its core competitiveness in the fields of data intelligence and marketing technology, deeply cultivating existing customer groups in banking, securities, and manufacturing, continuously expanding strategic new tracks, innovating and transforming new business models, and actively exploring new fields such as data assets, financial AI large models, domestic innovation, and software and hardware information technology, committed to transforming into a comprehensive service provider for digital intelligence
