Pinestone Capital Ltd. Reports 58% Increase in Revenue to HK$16.9 Million but Net Loss Widens to HK$3.7 Million for H1 2025

Reuters
08/28
Pinestone Capital Ltd. Reports 58% Increase in Revenue to HK$16.9 Million but Net Loss Widens to HK$3.7 Million for H1 2025

Pinestone Capital Limited announced its unaudited interim results for the six months ended 30 June 2025. The Group reported a revenue of approximately HK$16.9 million, marking an increase of about HK$6.2 million or 58% compared to the HK$10.7 million recorded in the same period in 2024. Despite this rise in revenue, the Group experienced a net loss of approximately HK$3.7 million for the first half of 2025, which is a significant increase from the HK$0.8 million net loss reported in the corresponding period of 2024. The increase in net loss was primarily attributed to higher other operating expenses, which amounted to HK$16.1 million for the six months ended 30 June 2025, compared to HK$2.9 million in the previous year. The company continues to focus on its core services, which include securities brokerage, securities-backed lending services, including margin financing and money lending, as well as placing and underwriting services. The Hong Kong stock market showed a notable recovery during the first half of 2025, with the Hang Seng Index increasing by approximately 20%.

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. Pinestone Capital Ltd. published the original content used to generate this news brief on August 28, 2025, and is solely responsible for the information contained therein.

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