JIYIHOLDINGS announced its interim results, with a loss attributable to owners of HKD 8.748 million, a year-on-year narrowing of 90.55%
JIYIHOLDINGS announced its interim results for the period ending June 30, 2025, with revenue of approximately 193 million yuan, a year-on-year decrease of 6.61%. The loss attributable to shareholders was 8.748 million yuan, a year-on-year narrowing of 90.55%. The loss per share was 3.32 cents. The reduction in loss was mainly due to a decrease in impairment loss provisions and a reduction in administrative expenses, which partially offset the impact of increased litigation costs and gross profit growth
According to the Zhitong Finance APP, JIYIHOLDINGS (01495) announced its interim results for the six months ending June 30, 2025, with revenue of approximately 193 million yuan, a year-on-year decrease of 6.61%; the loss attributable to the company's owners was 8.748 million yuan, a year-on-year narrowing of 90.55%; the loss per share was 3.32 cents.
The announcement stated that the reduction in loss was mainly due to a decrease of approximately 79.4 million yuan in impairment loss provisions under the expected credit loss model, a reduction of 5.8 million yuan in administrative expenses, which offset the impact of an increase of approximately 5 million yuan in litigation and legal expense provisions and an increase of approximately 3.7 million yuan in gross profit
