PAN ASIA DATA H (01561) Reports Interim Results with Profit Attributable to Shareholders of HK$27.362 Million, Turning from Loss to Profit Year-over-Year

Stock News
08/29

PAN ASIA DATA H (01561) announced its interim results for the six months ended June 30, 2025. The group recorded revenue of HK$20.258 million, representing a decrease of 77.42% compared to the same period last year. Profit attributable to owners of the company reached HK$27.362 million, compared to a loss of HK$226 million in the corresponding period last year. Earnings per share stood at HK 2.57 cents.

For the six months ended June 30, 2025, profit from continuing operations was approximately HK$6.229 million (2024: loss from continuing operations of approximately HK$250.4 million). This improvement was primarily attributable to reductions in impairment losses recognized on intangible assets, distribution and selling expenses, administrative expenses, and research and development expenses, partially offset by a decrease in gross profit resulting from a significant reduction in the group's big data service business activities.

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