BLUE RIVER HLDG (00498) Reports Interim Results: Shareholder Loss Narrows 83.74% to HK$19.93 Million

Stock News
2025/11/28

BLUE RIVER HLDG (00498) announced its interim results for the six months ended September 30, 2025. The group recorded revenue of HK$32.3 million, representing a 41.9% year-on-year increase. Shareholder losses attributable to owners narrowed significantly by 83.74% to HK$19.93 million, with a loss per share of 1.9 HK cents.

The reduction in net loss during the period was primarily driven by the following factors: 1. Share of losses from associates decreased from approximately HK$76 million in the prior period to about HK$36 million. 2. A reversal of impairment losses totaling HK$20 million was recognized for receivables from a former subsidiary in liquidation, compared with no such reversal in the previous period. 3. Other income of approximately HK$5 million was recorded, versus other losses of HK$17 million in the prior period. 4. Other revenue increased from HK$120,000 to HK$6 million. 5. No fair value loss on investment properties was recorded (compared to HK$5 million loss previously). 6. Administrative expenses decreased from HK$24 million to HK$19 million.

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