KING'S FLAIR (06822) announced its interim results for the six months ended June 30, 2025. The group recorded revenue of HK$250 million, representing a 25% decline compared to the same period last year. The company reported a loss attributable to owners of HK$40.98 million, contrasting with a profit of HK$3.426 million in the corresponding period of the previous year. Loss per share was 5.9 HK cents.
According to the announcement, the shift from profit to loss was primarily attributed to decreased revenue amid uncertain prospects regarding US tariffs and expansion policies, coupled with ongoing fair value losses on investment properties during the period. Additionally, the group's advanced manufacturing center at Tseung Kwan O Industrial Estate commenced nanofiber production operations, resulting in increased depreciation and other operating expenses.
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