Honbridge Holdings Limited Reports 66% Decline in Revenue and Increased Losses for H1 2025

Reuters

2025/08/28

Honbridge Holdings Limited Reports 66% Decline in Revenue and Increased Losses for H1 2025

Honbridge Holdings Limited has released its financial results for the six months ended June 30, 2025. The company reported a significant decline in revenue from continuing operations, with sales of lithium batteries decreasing from HK$44.7 million in 2024 to HK$11.6 million in 2025. Battery testing service income, however, increased to HK$3.9 million from HK$1.4 million in the previous year. Overall, revenue from continuing operations fell from HK$46.1 million in 2024 to HK$15.5 million in 2025. Discontinued operations, specifically the online car-hailing service, also saw a decline in revenue from HK$25.4 million in 2024 to HK$6.9 million in 2025. Consequently, total revenue dropped from HK$71.4 million in 2024 to HK$22.4 million in 2025. The reportable segment losses for continuing operations increased from HK$14.4 million in 2024 to HK$24.3 million in 2025. The company also recorded a loss before income tax of HK$40.1 million for the first half of 2025, compared to a loss of HK$44.4 million in the same period of 2024. No specific outlook or guidance was provided in the current 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. Honbridge Holdings Limited 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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The company reported a significant decline in revenue from continuing operations, with sales of lithium batteries decreasing from HK$44.7 million in 2024 to HK$11.6 million in 2025. Battery testing service income, however, increased to HK$3.9 million from HK$1.4 million in the previous year. Overall, revenue from continuing operations fell from HK$46.1 million in 2024 to HK$15.5 million in 2025. Discontinued operations, specifically the online car-hailing service, also saw a decline in revenue from HK$25.4 million in 2024 to HK$6.9 million in 2025. Consequently, total revenue dropped from HK$71.4 million in 2024 to HK$22.4 million in 2025. The reportable segment losses for continuing operations increased from HK$14.4 million in 2024 to HK$24.3 million in 2025. The company also recorded a loss before income tax of HK$40.1 million for the first half of 2025, compared to a loss of HK$44.4 million in the same period of 2024. No specific outlook or guidance was provided in the current release.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>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. Honbridge Holdings Limited published the original content used to generate this news brief on August 28, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Honbridge Holdings Limited Reports 66% Decline in Revenue and Increased Losses for H1 2025</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHonbridge Holdings Limited Reports 66% Decline in Revenue and Increased Losses for H1 2025\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-08-28 20:16</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Honbridge Holdings Limited Reports 66% Decline in Revenue and Increased Losses for H1 2025\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Honbridge Holdings Limited has released its financial results for the six months ended June 30, 2025. The company reported a significant decline in revenue from continuing operations, with sales of lithium batteries decreasing from HK$44.7 million in 2024 to HK$11.6 million in 2025. Battery testing service income, however, increased to HK$3.9 million from HK$1.4 million in the previous year. Overall, revenue from continuing operations fell from HK$46.1 million in 2024 to HK$15.5 million in 2025. Discontinued operations, specifically the online car-hailing service, also saw a decline in revenue from HK$25.4 million in 2024 to HK$6.9 million in 2025. Consequently, total revenue dropped from HK$71.4 million in 2024 to HK$22.4 million in 2025. The reportable segment losses for continuing operations increased from HK$14.4 million in 2024 to HK$24.3 million in 2025. The company also recorded a loss before income tax of HK$40.1 million for the first half of 2025, compared to a loss of HK$44.4 million in the same period of 2024. No specific outlook or guidance was provided in the current release.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>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. Honbridge Holdings Limited published the original content used to generate this news brief on August 28, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"08137","symbol_name":"洪桥集团","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250828:nNDL3B4cns:1","article_id":"2562341230","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2562341230","pubTimestamp":1756383394,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Honbridge Holdings Limited has released its financial results for the six months ended June 30, 2025. The company reported a significant decline in revenue from continuing operations, with sales of lithium batteries decreasing from HK$44.7 million in 2024 to HK$11.6 million in 2025. Battery testing service income, however, increased to HK$3.9 million from HK$1.4 million in the previous year. Overall, revenue from continuing operations fell from HK$46.1 million in 2024 to HK$15.5 million in 2025. Discontinued operations, specifically the online car-hailing service, also saw a decline in revenue from HK$25.4 million in 2024 to HK$6.9 million in 2025. Consequently, total revenue dropped from HK$71.4 million in 2024 to HK$22.4 million in 2025. The reportable segment losses for continuing operations increased from HK$14.4 million in 2024 to HK$24.3 million in 2025. The company also recorded a loss before income tax of HK$40.1 million for the first half of 2025, compared to a loss of HK$44.4","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"08137":"洪桥集团"},"translate_title":"洪桥集团有限公司报告2025年上半年收入下降66%，亏损增加","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"08137":0.9},"content_text":"Honbridge Holdings Limited Reports 66% Decline in Revenue and Increased Losses for H1 2025\n    \n\n        Honbridge Holdings Limited has released its financial results for the six months ended June 30, 2025. The company reported a significant decline in revenue from continuing operations, with sales of lithium batteries decreasing from HK$44.7 million in 2024 to HK$11.6 million in 2025. Battery testing service income, however, increased to HK$3.9 million from HK$1.4 million in the previous year. Overall, revenue from continuing operations fell from HK$46.1 million in 2024 to HK$15.5 million in 2025. Discontinued operations, specifically the online car-hailing service, also saw a decline in revenue from HK$25.4 million in 2024 to HK$6.9 million in 2025. Consequently, total revenue dropped from HK$71.4 million in 2024 to HK$22.4 million in 2025. The reportable segment losses for continuing operations increased from HK$14.4 million in 2024 to HK$24.3 million in 2025. The company also recorded a loss before income tax of HK$40.1 million for the first half of 2025, compared to a loss of HK$44.4 million in the same period of 2024. No specific outlook or guidance was provided in the current release.\n      \n\nDisclaimer: 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. Honbridge Holdings Limited published the original content used to generate this news brief on August 28, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-2","news_tag":"dataReport,express","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}