HUASHENG INTL (01323) Reports Interim Results: Shareholder Loss Widens 71.21% YoY to HK$41.77 Million

Stock News
2025/11/28

HUASHENG INTL (01323) announced its interim results for the six months ended September 30, 2025. The group recorded revenue of HK$161 million, a decrease of 19.29% year-on-year. The loss attributable to company owners was HK$41.774 million, widening by 71.21% compared to the same period last year. The loss per share stood at HK5.53 cents.

During the interim period, the group reported a pre-tax loss from continuing operations of approximately HK$36 million, compared to a restated loss of HK$23.1 million in the corresponding period of 2024, reflecting an increased loss of HK$12.9 million.

The year-on-year rise in pre-tax loss was primarily driven by a significant decline in revenue from the concrete business, coupled with higher raw material costs that further compressed gross margins.

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