HKET (00423) Announces 2025 Interim Results, Revenue Down 11% and Net Loss Narrows

Bulletin Express
2025/11/24

Hong Kong Economic Times Holdings Limited (00423) released its unaudited interim results for the six months ended 30 September 2025. Revenue stood at HK$364.435 million, a decrease of about 11% compared to HK$407.664 million in the same period last year. Nevertheless, the company’s net loss narrowed to HK$23.339 million, improving from a loss of HK$33.611 million a year earlier.

Advertising income declined 16% to HK$159.158 million amid challenges in traditional ads and cautious market sentiment. Circulation income recorded a small decrease to HK$13.671 million, while service income, mainly from financial subscription services and printing, was HK$191.606 million, representing a 6% dip year-on-year.

Management highlighted continued cost controls, contributing to a higher gross profit margin of 42.9%. Interim dividend per share remains at HK3.0 cents, with a total dividend of HK$12.948 million. As of 30 September 2025, net current assets amounted to HK$376.0 million, and the company reported no borrowing. Management plans to maintain prudent financial oversight and will continue to focus on digital development and AI-based business solutions for sustainable growth.

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