KONTA CHINA released its interim results, with a loss attributable to shareholders of HKD 282 million, turning from profit to loss year-on-year
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KONTA CHINA released its interim results for the period ending June 30, 2025, with revenue of HKD 453 million, a year-on-year decrease of 1.3%. The company's loss attributable to shareholders was HKD 282 million, compared to a profit of HKD 4.745 million in the same period last year. The basic loss per share was HKD 5.06 cents. The loss was mainly due to poor performance in the fitness business franchise, an uncertain economic outlook, and intensified competition, leading to credit losses and impairment of intangible assets
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