Magnus Concordia posts HY net loss of HKD 20 million, down 46 percent

Reuters
2025/12/29
Magnus Concordia posts HY net loss of HKD 20 million, down 46 percent

Magnus Concordia Group Limited reported a loss attributable to owners of approximately HKD 20 million for the period ended 30 September 2025. Basic and diluted loss per share was 0.35 HK cents for the same period. The property investment business recorded an operating loss of around HKD 8 million, with an unrealised revaluation loss of investment properties of about HKD 10 million. The Group's net debt position as of 30 September 2025 was approximately HKD 109 million. Financing expenses for the period were about HKD 2 million. The printing segment reported a profit of approximately HKD 3 million, while the property development segment recorded a loss of around HKD 6 million. Magnus Concordia Group Limited noted ongoing challenges in the property market and indicated continued focus on financial prudence and operational efficiency.

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. Magnus Concordia Group Limited published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251229-11968759), on December 29, 2025, and is solely responsible for the information contained therein.

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