ASTRUM released its interim results, with a net profit of HKD 219,000, turning a profit compared to the same period last year
ASTRUM Financial released its interim results for the period ending June 30, 2025, with revenue of HKD 10.904 million, an increase of 78.93% year-on-year; net profit of HKD 219,000, compared to a loss of HKD 19.558 million in the same period last year. Basic earnings per share were HKD 0.0023. The improvement in revenue was mainly due to a significant increase in interest income from securities and initial public offering financing, as well as brokerage service commissions. The turnaround to profitability was primarily attributed to net gains from changes in the fair value of financial assets and a reduction in operating expenses
According to the Zhitong Finance APP, ASTRUM (08333) released its interim results for the six months ending June 30, 2025, reporting revenue of HKD 10.904 million, an increase of 78.93% year-on-year; the profit attributable to the company's owners for the period was HKD 219,000, compared to a loss of HKD 19.558 million in the same period last year; basic earnings per share were HKD 0.0023.
The announcement stated that the improvement in revenue was mainly due to a significant increase in interest income from securities and initial public offering financing, as well as commissions and service fees from brokerage services, which rose by approximately HKD 2.106 million and HKD 1.899 million, respectively. The turnaround from loss to profit was primarily due to a net gain of approximately HKD 1.41 million from the fair value changes of financial assets recognized at fair value through profit or loss (compared to a loss of approximately HKD 9.855 million in the same period last year); a substantial increase in revenue of approximately HKD 4.81 million; and a reduction in administrative and other operating expenses of approximately HKD 2.917 million
