Hong Kong Entertainment International Holdings Ltd. Reports Steady Revenues for H1 2025; No Major Variations in Net Income

Reuters
08/29
Hong Kong Entertainment International Holdings Ltd. Reports Steady Revenues for H1 2025; No Major Variations in Net Income

Hong Kong Entertainment International Holdings Ltd. has announced its unaudited results for the six months ending June 30, 2025. The company reported a revenue of RMB 24.396 million for the period, a decline from RMB 38.080 million in the same period of 2024. The cost of sales also decreased to RMB 23.279 million from RMB 37.284 million. The gross profit for the first half of 2025 stood at RMB 1.117 million, an increase from RMB 796,000 in the corresponding period of the previous year. Other gains amounted to RMB 2.150 million, a significant improvement compared to the net losses of RMB 5.516 million in 2024. Selling expenses were reported at RMB 93,000, down from RMB 770,000, while administrative and other expenses decreased to RMB 2.477 million from RMB 3.984 million. Finance costs also dropped to RMB 867,000 from RMB 1.659 million. The company recorded a loss before income tax of RMB 170,000 for the period, a substantial improvement from the loss of RMB 11.133 million in the first half of 2024. The loss for the period also amounted to RMB 170,000. Other comprehensive expenses, which include exchange differences on translating foreign operations, amounted to RMB 600,000, compared to a comprehensive income of RMB 485,000 in the same period last year. No specific outlook or guidance was provided in the document.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hong Kong Entertainment International Holdings Ltd. published the original content used to generate this news brief on August 29, 2025, and is solely responsible for the information contained therein.

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