Elate Holdings Limited Reports 4.1% Decline in Revenue to $63.1 Million and Posts Net Loss of $15.1 Million for H1 2025, Compared to $27.7 Million Profit in Prior Year

Reuters
09/26
Elate Holdings Limited Reports 4.1% Decline in Revenue to $63.1 Million and Posts Net Loss of $15.1 Million for H1 2025, Compared to $27.7 Million Profit in Prior Year

Elate Holdings Limited reported unaudited condensed consolidated interim results for the six months ended 30 June 2025. The Group recorded revenue of $63.1 million for the period, a decrease of $2.7 million or 4.1% compared to $65.8 million reported during the same period in 2024. The decline in revenue was primarily reflected in the manufacture and sales of graphite products segment, which generated $12.1 million compared to $21.6 million in the prior period. The manufacture and sales of electronic products segment reported revenue of $51.0 million, up from $44.2 million in the previous year. The Group reported a net loss attributable to owners of $15.1 million for the six-month period, compared to a net profit of $27.7 million in the first half of 2024. The loss was mainly attributed to a net unrealised loss on financial assets at fair value through profit or loss of approximately $19.1 million. Elate Holdings Limited reported segment results of $844,000 for the graphite products segment, and $6.7 million for the electronic products segment. There was no revenue or segment result reported for the design and manufacturing segment during the period. No specific outlook or guidance for future periods was provided in the interim report. There were no major updates about other business operations during the reporting period.

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. Elate Holdings Limited published the original content used to generate this news brief on September 26, 2025, and is solely responsible for the information contained therein.

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