Anchorstone Holdings Ltd. Reports 58% Increase in Revenue to HK$27.9 Million and Net Loss of HK$8.7 Million for Six Months Ended 30 June 2025; Basic Loss Per Share at HK0.39 Cent

Reuters
09/25
Anchorstone Holdings Ltd. Reports 58% Increase in Revenue to HK$27.9 Million and Net Loss of HK$8.7 Million for Six Months Ended 30 June 2025; Basic Loss Per Share at HK0.39 Cent

Anchorstone Holdings Ltd. reported revenue of HK$27.9 million for the six months ended 30 June 2025, compared to HK$17.6 million in the same period of 2024. The company posted a net loss attributable to owners of the company of HK$8.7 million, versus a net loss of HK$8.5 million a year earlier. The company noted that the local economic slowdown, particularly in the real estate sector, together with increased first-hand housing supply in Hong Kong and Mainland China, had an adverse impact on its operations. Rising costs of building materials, labor shortages, and geopolitical risks further contributed to uncertainties for the business. Anchorstone Holdings also incurred finance costs related to overdue bank borrowings, which limited its ability to obtain new bank facilities for construction projects. The group stated that it will not pay an interim dividend for the six months ended 30 June 2025. The company's outlook includes ongoing efforts to stabilize operations by working closely with consumers, suppliers, and subcontractors, while seeking new business opportunities in Hong Kong and other regions. The group continues to rely on internal resources and financial support from executive directors and other funding sources to sustain its operations.

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. Anchorstone Holdings Ltd. published the original content used to generate this news brief on September 25, 2025, and is solely responsible for the information contained therein.

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