PANASIALUM (02078) announced its interim results for the six months ended June 30, 2025, reporting revenue of HK$243 million, representing a 44.1% year-on-year decline. The company recorded a net loss of HK$26.394 million, compared to a profit of HK$5.896 million in the same period last year. Basic loss per share was HK$0.022.

Compared to the same period in 2024, all major business segments experienced significant declines: solar frames decreased by approximately 46.6%, electronic consumer products fell by around 49.7%, electric vehicles dropped by about 9.0%, and industrial products declined by approximately 54.2%.

The overall revenue decline was primarily attributed to weak market sentiment and reduced order volumes, particularly in the solar frames segment, along with a general slowdown across other major business areas.