XINKONG INT CAP (00993) announced its interim results for the six months ended June 30, 2025. The group recorded revenue of HK$17.685 million, representing a decrease of 63.68% compared to the same period last year. The loss attributable to equity holders reached HK$498 million, marking an increase of 766.7% year-on-year. Basic loss per share was HK 5.7 cents.

According to the announcement, the increase in net loss during the period was primarily attributed to two factors: the expected recoverable value of a loan experienced a significant decline as of June 30, 2025 compared to December 31, 2024, resulting in substantial impairment provisions during the period; and the group incurred net losses from financial assets measured at fair value through profit or loss during the period.