CHINASINOSTAR (00485) Reports Interim Results with Net Loss of HK$796,000, Down 77.81% YoY

Stock News
11/27

CHINASINOSTAR (00485) announced its interim results for the six months ended September 30, 2025. The company recorded revenue of HK$14.858 million, a slight increase of 0.8% year-on-year. However, it reported a loss of HK$796,000 during the period, marking a 77.81% reduction compared to the same period last year. The loss per share stood at HK$0.0037.

The company noted that despite the government's implementation of multiple measures to stabilize the property market—including lower mortgage rates, relaxed home purchase restrictions in certain cities, and initiatives to convert unsold properties into affordable housing—the impact has been limited. While these policies helped slow the decline, they failed to reverse the downward trend.

This negative trend reflects a structural adjustment and prolonged downturn in China's property market rather than short-term cyclical fluctuations. Consequently, CHINASINOSTAR's operational and financial performance for the six-month period was inevitably affected.

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