Hybrid Kinetic Group Limited Reports HK$6.764 Million Revenue and HK$236,000 Profit for H1 2025, Marking Return to Profitability from H1 2024 Loss

Reuters
2025/08/29
<a href="https://laohu8.com/S/FESTF">Hybrid Kinetic</a> Group Limited Reports HK$6.764 Million Revenue and HK$236,000 Profit for H1 2025, Marking Return to Profitability from H1 2024 Loss

Hybrid Kinetic Group Limited has announced its unaudited condensed consolidated interim results for the six months ended 30 June 2025. The company reported a total revenue of HK$6.764 million for the period, with a gross profit of HK$2.706 million. This marks a significant improvement from the corresponding period in 2024, where no revenue was recorded. The group's revenue was primarily driven by its in-vehicle audio-visual and short drama business, which contributed HK$1.074 million, and its battery management systems and spare parts segment, which generated HK$5.69 million. The company reported a profit from operations of HK$236,000, compared to a loss of HK$5.854 million during the same period in 2024. Finance costs were reduced to zero from HK$14,000 in 2024. Hybrid Kinetic Group Limited continues to focus on the development of high-tech electric motor vehicles, battery management systems, and advanced battery materials. The group has commenced an assessment of new and revised HKFRS Accounting Standards, though it is not yet in a position to determine their potential impact on its financial performance.

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. Hybrid Kinetic Group Limited published the original content used to generate this news brief on August 29, 2025, and is solely responsible for the information contained therein.

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