ARTGO HOLDINGS (03313) Reports Interim Results with Shareholders' Attributable Loss of HK$26.945 Million, Up 9.86% Year-on-Year
Stock News
Aug 29
ARTGO HOLDINGS (03313) announced its interim results for the six months ended June 30, 2025. The group recorded revenue of HK$30.709 million, representing a year-on-year increase of 10.44%. The loss attributable to owners of the company amounted to HK$26.945 million, up 9.86% compared to the same period last year. Basic loss per share was HK$0.023.
According to the announcement, the increase in net loss during the review period was primarily attributed to the net effect of the following factors: a decrease in other income and gains due to the absence of loan principal and interest waivers that arose from the 2024 loan restructuring (no such waivers occurred in 2025); an increase in finance costs; and a decrease in administrative expenses.
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