Dynasty Wines (00828) announced its interim results for the six months ended June 30, 2025. The group recorded revenue of HK$123 million, representing a decrease of 9.29% compared to the same period last year. Profit attributable to owners of the company was HK$8.172 million, down 55.85% year-on-year. Basic earnings per share stood at HK$0.58 cents.
According to the announcement, the decrease in profit for the first half was primarily attributed to the impact of China's macroeconomic and consumer market fluctuations, which led to declining sales revenue and reduced operating profit. Additionally, promotional and advertising expenses increased during the period ended June 30, 2025.
The revenue decline was mainly due to decreased sales volume of products, particularly high-end wine products.