DYNASTY WINES released its interim results, with profit attributable to shareholders of HKD 8.172 million, a year-on-year decrease of 55.85%
DYNASTY WINES announced its interim results for the period ending June 30, 2025, with revenue of HKD 123 million, a year-on-year decrease of 9.29%; profit attributable to shareholders of HKD 8.172 million, a year-on-year decrease of 55.85%; and basic earnings per share of HKD 0.0058. The decline in performance was mainly affected by fluctuations in China's macro economy and consumer market, resulting in decreased sales revenue and increased promotional expenses
According to the Zhitong Finance APP, Dynasty Wines (00828) released its interim results for the six months ending June 30, 2025, reporting revenue of HKD 123 million, a year-on-year decrease of 9.29%; profit attributable to the company's owners was HKD 8.172 million, a year-on-year decrease of 55.85%; basic earnings per share were HKD 0.0058.
The announcement stated that the decrease in profit in the first half of the year was mainly due to the impact of fluctuations in China's macro economy and consumer market, leading to a decline in sales revenue and operating profit; and an increase in promotional and advertising expenses during the period ending June 30, 2025. The decrease in revenue was primarily due to a decline in sales volume of products, especially high-end wine products
