Oriental Payment Group Holdings Limited (Stock Code: 8613) released its interim results for the six months ended 30 September 2025. The unaudited condensed consolidated financial statements show that revenue declined to approximately HK$7.2 million from HK$19.5 million in the same period of 2024. Management attributed part of the decrease to a drop in visits by Chinese tourists to Thailand following high-profile security incidents and natural disasters earlier in the year.
During the reporting period, the cost of services rendered dropped from HK$14.8 million to HK$5.3 million, leading to a gross profit of HK$1.9 million versus HK$4.7 million a year ago. Gross profit margin stood at 26.0% (24.1% in 2024). General administrative expenses totaled HK$8.3 million (HK$8.8 million in 2024), while selling and distribution costs were HK$7.7 million (HK$9.5 million in 2024).
Higher financing expenses on several convertible bond arrangements pushed finance costs to HK$4.6 million, up from HK$1.8 million in the prior year. The Group reported a net loss attributable to equity holders of HK$19.1 million, compared with a net loss of HK$15.9 million in the corresponding period. As of 30 September 2025, bank balances and cash amounted to HK$0.8 million, down from HK$4.0 million as of 31 March 2025, and net liabilities stood at HK$23.9 million.
According to the announcement, no interim dividend is recommended for the period ended 30 September 2025. The Board indicated that the Group will monitor operating efficiency and financial position, while continuing to seek business opportunities and strengthen cost controls in the future.