Planetree International Development Ltd. Posts HK$107.7 Million Profit for H1 2025; Revenue Down 15.2% to HK$45.3 Million

Reuters
2025/09/26
Planetree International Development Ltd. Posts HK$107.7 Million Profit for H1 2025; Revenue Down 15.2% to HK$45.3 Million

Planetree International Development Ltd. reported its interim results for the six months ended 30 June 2025. The company posted total revenue of HK$45.3 million, compared to HK$53.4 million in the same period last year. Fee and commission income increased to HK$3.8 million from HK$0.4 million, while corporate advisory service income declined to HK$6.3 million from HK$7.2 million. Asset management service income was not recorded in the current period, versus HK$1.2 million previously. Financial advisory service income rose to HK$3.6 million from HK$1.8 million. Interest income from margin clients and loan receivables decreased to HK$8.2 million from HK$37.1 million. Gross rental income was HK$5.5 million, down from HK$5.7 million last year. The company recorded a net gain on disposal of financial assets at fair value through profit or loss of HK$17.9 million, compared to no such gain in the prior period. Other income and gains increased significantly to HK$79.7 million from HK$0.2 million. The period saw a profit of HK$104.4 million, compared to a loss of HK$94.3 million in the same period last year. Share of result of associates contributed HK$44.4 million, reversing a loss of HK$46.4 million previously. There were substantial reversals of impairment losses on margin loan receivables of HK$36.5 million, compared to an impairment loss of HK$15.6 million in the prior period. Administrative expenses were HK$23.9 million, slightly lower than HK$24.4 million last year. Other losses increased to HK$67.0 million from HK$49.8 million. Finance costs were HK$5.9 million, compared to HK$8.2 million previously. Income tax expense for the period was HK$0.2 million. No updates on business operations or outlook/guidance were included in the interim report.

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. Planetree International Development Ltd. 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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