Joy Spreader Group Inc. reported revenue of HK$8.89 million for the six months ended June 30, 2025, representing a 92.01% decrease compared to HK$111.23 million in the same period of 2024. Gross profit increased to HK$4.85 million from HK$0.44 million, a rise of 1,002.27%. The loss attributable to owners of the company narrowed to HK$85.56 million from HK$355.20 million a year earlier, down 75.91%. The net loss margin was (962.43)%, compared to (319.34)% in the previous period. In the culture business segment, sales increased to HK$3.64 million from HK$0.88 million, up 313.64%. Overseas sales of e-commerce goods decreased by 89.70% to HK$3.38 million from HK$32.80 million. The company highlighted ongoing transformation efforts, including optimizing and upgrading its negotiation platform, expanding supplier resources, and enriching its product supply chain in Southeast Asia. Joy Spreader Group also reported enhanced participation from distributors and continued improvements in traffic acquisition through overseas short video platforms. The company stated that these initiatives are aimed at reducing financial pressure, improving operating cash flow, and supporting sustainable long-term development. Collaboration with a central state-owned culture enterprise was noted as a factor broadening the company's customer base and business scope, particularly in areas such as Web3.0, blockchain, and content production.