Keen Ocean International Holding Reports Decline in Net Income to HK$8.8 Million for H1 2025; EPS Unchanged Despite Revenue Increase

Reuters
2025/09/02
<a href="https://laohu8.com/S/08070">Keen Ocean</a> International Holding Reports Decline in Net Income to HK$8.8 Million for H1 2025; EPS Unchanged Despite Revenue Increase

Keen Ocean International Holding Ltd. has released its unaudited condensed consolidated interim results for the six months ended 30 June 2025. The company reported a revenue increase to HK$137.1 million, compared to HK$127.1 million in the same period in 2024. Gross profit also rose to HK$29.6 million from HK$25.9 million in the previous year. Despite the rise in revenue and gross profit, earnings attributable to owners of the company decreased to HK$8.8 million from HK$10.1 million in the same period in 2024. The profit before taxation stood at HK$10.5 million, slightly lower than the HK$10.7 million recorded in the corresponding period of the previous year. No interim dividend was declared for the period, contrasting with a special interim dividend of HK$0.15 per ordinary share that was declared in the same period in 2024. The company has outlined conditions for its financial investments, emphasizing that any securities invested should not exceed a twelve-month period and should align with the company's cashflow needs for the next six months. It also reported no plans for material investments and capital assets beyond these financial investments.

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. Keen Ocean International Holding Ltd. published the original content used to generate this news brief on September 02, 2025, and is solely responsible for the information contained therein.

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