HG SEMI (06908) announced its interim results for the six months ended June 30, 2025. The group recorded revenue of RMB 33.061 million, representing a decrease of 3.48% compared to the same period last year. Loss attributable to owners of the company was RMB 59.293 million, an increase of 9.3% year-on-year. Basic loss per share was 7.7 cents.

The announcement stated that the revenue decrease was primarily due to reduced sales revenue from LED products. During this period, revenue from LED beads was approximately RMB 24.9 million (previous period: approximately RMB 33.2 million), accounting for about 75.4% of total revenue (previous period: about 97.0%). The main reason for the decrease was attributed to China's weak economy and subdued consumer sentiment.