SHENZHEN INVEST (00604) Reports Interim Results with Shareholders' Loss of HK$2.618 Billion, Up 137.76% Year-on-Year

Stock News
08/28

SHENZHEN INVEST (00604) announced its interim results for the six months ended June 30, 2025. The group recorded revenue of HK$10.35 billion, representing a year-on-year increase of 175.49%. However, the loss attributable to equity shareholders reached HK$2.618 billion, up 137.76% compared to the same period last year, with a loss per share of 29.42 HK cents.

The company attributed the HK$2.62 billion loss to equity shareholders to several adverse factors, including declining gross margins, losses from associate companies, substantial asset impairment provisions, and rising income tax expenses. When excluding the net impact of fair value changes in the group's investment properties and financial assets, inventory impairment provisions, and the effects of joint venture performance and provisions, the adjusted loss attributable to equity shareholders was HK$490 million.

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