Easyknit International (1218) Announces 2025 Interim Results

Bulletin Express
2025/11/28

Easyknit International Holdings Limited (1218) released its interim results for the six months ended 30 September 2025. According to the announcement, revenue from continuing operations was HK$79.2 million, decreasing by 65.5% compared to HK$229.9 million in the same period last year. Gross profit was HK$1.2 million, down by 79.8%, with a gross profit margin of 1.5%. The loss attributable to owners under continuing operations stood at HK$109.3 million, contrasting with a profit of HK$24.3 million for the same period in 2024. Basic loss per share from both continuing and discontinued operations reached HK$1.48, against HK$9.59 previously.

During the period, total assets amounted to HK$3.24 billion, while total liabilities reached HK$1.63 billion. The net asset value was HK$1.62 billion, down 6.3% from 31 March 2025. Net asset value per share fell 6.0% to HK$21.9. The Board did not recommend the payment of any interim dividend for the current reporting period.

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