POWERWIN TECH (02405) Shareholders Deposit Shares with HSBC Hong Kong, Deposited Value Reaches HK$444 Million

Stock News
2025/10/10

According to the latest data from the Hong Kong Stock Exchange, POWERWIN TECH (02405) shareholders deposited shares with HSBC Hong Kong on October 9, with the deposited value totaling HK$444 million, representing 46.25% of the company's shares.

POWERWIN TECH announced its 2025 interim results, reporting revenue of US$3.25 million, a decrease of 55.89% year-on-year. The company recorded an after-tax loss of US$3.758 million, turning from profit to loss compared to the previous year, with a loss per share of US$0.47 cents.

The announcement attributed the revenue decline primarily to complex factors including global economic volatility and geopolitical uncertainties, which led to a significant reduction in digital advertising budgets among the group's clients.

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