NEWAY GROUP announced its interim results, with a loss attributable to owners of HKD 22.602 million, a year-on-year narrowing of 43.57%
NEWAY GROUP announced its mid-term results for 2025, with total revenue of HKD 174 million, a year-on-year decrease of 12.65%; the loss attributable to shareholders was HKD 22.602 million, a year-on-year narrowing of 43.57%. The loss per share was HKD 0.089. The loss mainly stemmed from classified losses in manufacturing and sales, property development, and property investment businesses
According to the Zhitong Finance APP, NEWAY GROUP (00055) announced its interim results for 2025, with total revenue of HKD 174 million, a year-on-year decrease of 12.65%; the loss attributable to shareholders of the company was HKD 22.602 million, a year-on-year narrowing of 43.57%; the loss per share was HKD 0.089.
The announcement stated that the loss was mainly attributed to (i) a classified loss of approximately HKD 5.1 million from manufacturing and sales operations (first half of 2024: approximately HKD 8.6 million); (ii) a classified loss of approximately HKD 5.9 million from property development operations (first half of 2024: approximately HKD 7 million); and (iii) a classified loss of approximately HKD 4.2 million from property investment operations (first half of 2024: approximately HKD 12.2 million)
