Shares of B.DUCK SEMK Holdings International (02250.HK) plunged 5.45% in intraday trading, as investors reacted to the company's first half 2025 financial results. Despite showing some improvements, the company continues to operate at a loss, which appears to have disappointed shareholders.

According to the latest financial report, B.DUCK SEMK's revenue increased by 37% to HK$84.8 million compared to the same period last year. However, the company still reported a net loss of HK$10.7 million for the first half of 2025. While this represents a 37% reduction in losses compared to H1 2024, the continued negative bottom line seems to have spooked investors.

The company's loss per share improved to HK$0.011, compared to HK$0.018 in the first half of 2024. Despite this progress, the market's reaction suggests that investors were hoping for a faster turnaround or even a return to profitability. The sharp stock price decline indicates that the financial results fell short of market expectations, despite the revenue growth and narrowing losses.