Magic Empire Global Ltd. Reports 34% Revenue Drop and HK$4.6 Million Net Loss for First Half 2025
Magic Empire Global Ltd. reported revenue of HK$5.1 million (US$0.7 million) for the six months ended June 30, 2025, a decrease of 33.8% from HK$7.7 million for the same period in 2024. Revenue from financial and independent advisory services declined by HK$2.2 million, or 31.8%, from HK$6.9 million to HK$4.7 million (US$0.6 million). Revenue from compliance advisory services was HK$0.4 million (US$55,000), compared to HK$0.5 million in the previous period. The company reported a net loss of HK$4.6 million (US$0.6 million) for the six months ended June 30, 2025, compared to net income of HK$0.6 million for the same period in 2024. Selling, general and administrative expenses rose by 25.2% to HK$11.5 million (US$1.5 million) from HK$9.2 million, mainly due to higher staff costs and increased travelling, accommodation and entertainment expenses.
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. Magic Empire Global Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-25-018451), on October 17, 2025, and is solely responsible for the information contained therein.
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