Sinohope Technology Holdings Reports 427% Revenue Surge, Swings to HK$12.3M Loss, EPS Drops to HK Cents (2.64)

Reuters
05-26
Sinohope Technology Holdings Reports 427% Revenue Surge, Swings to HK$12.<a href="https://laohu8.com/S/MMM">3M</a> Loss, EPS Drops to HK Cents (2.64)

Sinohope Technology Holdings Ltd. has released its unaudited interim results for the six months ended March 31, 2025. The company reported a significant increase in revenue, which reached HK$3.456 billion, up 427.1% from HK$655.6 million in the same period of 2024. This surge was primarily driven by the cryptocurrency trading business, which accounted for HK$3.438 billion of the revenue. Despite the revenue growth, the company faced a decline in gross profit, which fell by 65.8% to HK$11 million from HK$32.1 million in the previous year. The gross profit margin also decreased to 0.3% from 4.9%. Sinohope Technology Holdings reported a net loss before income tax of HK$12.3 million, a stark contrast to the profit of HK$99.3 million reported in the same period last year. This translated to a basic and diluted loss per share of HK cents (2.64), compared to an earnings per share of HK cents 21.42 in the previous year. The company continues to operate mainly in the virtual assets ecosystem, with its operations primarily located in the People's Republic of China, including Hong Kong. No specific outlook or guidance was provided in the release.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sinohope Technology Holdings Ltd. published the original content used to generate this news brief on May 26, 2025, and is solely responsible for the information contained therein.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10