Glory Flame Holdings (08059) announced that the group expects to record a loss of approximately HK$9.6 million for the first half of 2025, compared to a loss of approximately HK$4.6 million in the same period of 2024. The increase in the group's loss was primarily attributed to a decrease in revenue from approximately HK$46.4 million in the corresponding period of 2024 to approximately HK$37.8 million in the relevant period; and a decrease in gross profit from approximately HK$15.6 million in the corresponding period of 2024 to approximately HK$9.8 million in the relevant period.
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