RICH GOLDMAN Issues Profit Warning, Anticipates HK$10 Million Interim Loss for 2025, Marking a Year-on-Year Improvement

Stock News

Feb 16

RICH GOLDMAN (00070) has announced that the group expects to record a loss of approximately HK$10 million for the six months ending December 31, 2025 (interim 2025). This compares to a loss of about HK$61 million for the six months ending December 31, 2024 (interim 2024). The loss for interim 2025 represents a decrease of approximately HK$51 million compared to interim 2024. Although revenue decreased by about HK$5 million compared to the same period in 2024, the reduction in loss was primarily attributable to a reversal of impairment losses of approximately HK$6 million on properties held by the group (classified as property, plant, and equipment). This contrasts with impairment losses of around HK$28 million recognized in interim 2024. Furthermore, the fair value loss on the group's investment properties decreased by approximately HK$9 million compared to interim 2024. The group also recorded other gains of about HK$302,000, a significant improvement from the other losses of approximately HK$5 million reported in interim 2024.

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This compares to a loss of about HK$61 million for the six months ending December 31, 2024 (interim 2024). The loss for interim 2025 represents a decrease of approximately HK$51 million compared to interim 2024. Although revenue decreased by about HK$5 million compared to the same period in 2024, the reduction in loss was primarily attributable to a reversal of impairment losses of approximately HK$6 million on properties held by the group (classified as property, plant, and equipment). This contrasts with impairment losses of around HK$28 million recognized in interim 2024. Furthermore, the fair value loss on the group's investment properties decreased by approximately HK$9 million compared to interim 2024. The group also recorded other gains of about HK$302,000, a significant improvement from the other losses of approximately HK$5 million reported in interim 2024.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1172","symbol_name":"赌场与赌博","start_time":0,"source_url":"","article_id":"1105875383","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1105875383","pubTimestamp":1771230256,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"RICH GOLDMAN (00070) has announced that the group expects to record a loss of approximately HK$10 million for the six months ending December 31, 2025 (interim 2025). 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