FAR INTL (02516) Reports Interim Results with Attributable Loss of HK$14.35 Million, Turning from Profit to Loss Year-over-Year

Stock News
08/27

FAR INTL (02516) announced its interim results for the six months ended June 30, 2025. The group recorded revenue of HK$808 million, representing a decrease of 43.4% compared to the same period last year. The company reported an attributable loss of HK$14.35 million to owners, compared to a profit of HK$38.093 million in the corresponding period of the previous year. Loss per share was 1.85 cents.

The group is able to provide customers with multiple flexible and reliable delivery options based on their choice of express, standard or economy delivery services through coordinating its supplier network. During the first half of 2025, the end-to-end cross-border delivery services generated operating revenue of approximately HK$502 million, accounting for about 62.1% of the group's total revenue.

The group provides freight forwarding services for package delivery from origin ports to final destination ports through various delivery methods including air freight, sea freight and ground transportation. In the first half of 2025, freight forwarding services generated operating revenue of approximately HK$46.6 million, representing about 5.8% of the group's total revenue.

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