CHK Oil Ltd. Reports 4.6% Rise in Revenue to HK$38.39 Million, Net Loss Narrows to HK$11.10 Million for H1 2025

Reuters
09/29
CHK Oil Ltd. Reports 4.6% Rise in Revenue to HK$38.39 Million, Net Loss Narrows to HK$11.10 Million for H1 2025

CHK Oil Ltd. reported its unaudited condensed consolidated interim financial results for the six months ended 30 June 2025. Group revenue rose to HK$38.39 million from HK$36.71 million in the same period last year. Cost of sales increased to HK$38.14 million from HK$36.58 million, resulting in a gross profit of HK$0.25 million, up from HK$0.12 million in the prior period. The company recorded a loss before tax of HK$12.75 million, compared to a loss of HK$12.39 million in the first half of 2024. After recognizing an income tax credit of HK$1.64 million, the net loss for the period was HK$11.10 million, an improvement from a net loss of HK$12.39 million in the previous year. Total comprehensive loss for the period was HK$8.54 million, compared to a total comprehensive loss of HK$14.94 million a year earlier. The results reflect exchange differences arising on translation of foreign operations, which contributed HK$2.56 million in other comprehensive income, compared with a loss of HK$2.55 million in the previous period. No significant updates about business operations or outlook were included in the released interim report.

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. CHK Oil Ltd. published the original content used to generate this news brief on September 29, 2025, and is solely responsible for the information contained therein.

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