JIYI HOLD-NEW (01495) Reports Interim Results: Loss Attributable to Owners Narrows 90.55% to HK$8.748 Million

Stock News
Sep 19

JIYI HOLD-NEW (01495) announced its interim results for the six months ended June 30, 2025, with revenue of approximately HK$193 million, representing a 6.61% decrease year-on-year. The loss attributable to owners of the company was HK$8.748 million, narrowing by 90.55% compared to the same period last year. Loss per share was 3.32 cents.

According to the announcement, the reduction in loss was primarily due to a decrease of approximately HK$79.4 million in provision for impairment losses under the expected credit loss model, and a reduction of HK$5.8 million in administrative expenses. This was partially offset by an increase of approximately HK$5 million in provision for litigation and legal expenses, and an increase of approximately HK$3.7 million in gross profit.

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