RELIANCE GLO HL (00723) announced its interim results for the six months ended September 30, 2025. The group recorded revenue of HK$42.186 million, a decrease of 57.22% year-on-year. Profit attributable to owners of the company was HK$4.056 million, compared to a loss of HK$8.853 million in the same period last year. Earnings per share stood at 0.37 HK cents.

The group attributed the turnaround to several factors: losses from its timber supply chain operations due to weak demand in China's real estate market, geopolitical instability, uncertainties in U.S. tariff policies, margin pressures, surging operating costs in Europe, and impairment losses on certain trade receivables. Additionally, its money lending business incurred losses primarily due to reduced loan portfolio size leading to lower income, as well as impairment losses on certain loans and repossessed assets.

However, these were partially offset by net fair value gains on financial assets at fair value through profit or loss, along with net gains from the sale/redemption of such financial assets.