Innovax Holdings Limited (Stock Code: 2680) has released its unaudited interim results for the six months ended 31 August 2025. During the period, total revenue stood at approximately HK$12.0 million (previously HK$93.7 million in the same period in 2024). The company reported a profit of about HK$18.3 million, comparing favorably to the loss of approximately HK$22.9 million in the corresponding period last year.

According to the unaudited condensed consolidated financial statements, corporate finance advisory services generated revenue of HK$4.8 million, while placing and underwriting services contributed HK$1.4 million. Securities dealing and brokerage services reported HK$2.6 million, asset management services HK$1.2 million, interest income from securities financing services HK$0.9 million, and interest income from money lending services HK$1.1 million.

Basic and diluted earnings per share were HK30.47 cents, compared to a restated loss of HK47.16 cents per share during the same period in 2024. The management attributed the turnaround from a loss to a profit principally to the net realized and unrealized gains of HK$24.1 million from financial assets at fair value through profit or loss.

As at the end of August 2025, Innovax Holdings reported net current assets of approximately HK$202.9 million and maintained a strong liquidity position. The board of directors has resolved not to declare an interim dividend for the reporting period.