REGAL PARTNERS announced its interim results, with a loss attributable to owners of HKD 28.886 million, narrowing by 68.71% year-on-year
REGAL PARTNERS announced its mid-term results for 2025, with revenue of approximately 41.9 million yuan, a year-on-year decrease of 44.2%. The loss attributable to the company’s owners was 28.886 million yuan, a year-on-year narrowing of 68.71%. The basic loss per share was approximately 0.97 cents. The decrease in revenue was mainly due to inflation and interest rate hikes affecting consumers' disposable income and a decline in demand for furniture. The reduction in net loss was mainly due to a one-time provision for receivables of 60.6 million yuan recognized in the same period last year
According to the Zhitong Finance APP, REGAL PARTNERS (01575) announced its mid-term results for 2025, with revenue decreasing by approximately 44.2% to about 41.9 million yuan. The loss attributable to shareholders was 28.886 million yuan, a year-on-year narrowing of 68.71%; the basic loss per share was approximately 0.97 cents.
The announcement stated that the decrease in revenue was due to macroeconomic factors such as inflation and interest rate hikes, which led to a decline in consumers' disposable income and demand for furniture. The reduction in net loss was mainly due to a provision of approximately 60.6 million yuan for receivables from related companies in the same period last year, which was one-time and did not recur during the relevant period
