1957 & Co. (Hospitality) Ltd. Reports 3.7% Drop in Revenue to HK$222.8 Million, Net Loss of HK$2.5 Million for H1 2025

Reuters
2025/08/29
1957 & Co. (Hospitality) Ltd. Reports 3.7% Drop in Revenue to HK$222.8 Million, Net Loss of HK$2.5 Million for H1 2025

1957 & Co. (Hospitality) Ltd. has reported its financial results for the six months ended June 30, 2025. The Group recorded an unaudited revenue of approximately HK$222.8 million, a decrease of about 3.7% compared to HK$231.4 million in the same period in 2024. This decline in revenue was primarily due to a decrease in income from the operation of restaurants and catering management and consultancy services. The Group achieved a segment profit of HK$10.7 million, comprising HK$8.3 million from restaurant operations and HK$2.4 million from catering management and consultancy services. However, the overall financial performance resulted in a loss before income tax of HK$2.5 million. The operating profit for the period stood at HK$2.3 million, an increase from HK$1.3 million in the same period of the previous year. The Group's net finance costs were HK$3.8 million, slightly improving from HK$4.0 million in 2024. The company's operations are primarily based in Hong Kong, with additional revenue derived from Macau and the People's Republic of China through its catering management and consultancy services.

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. 1957 & Co. (Hospitality) Ltd. 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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