REGAL PARTNERS (01575) Announces Interim Results with Attributable Loss of HK$28.886 Million, Narrowing 68.71% Year-on-Year
Stock News
Aug 29
REGAL PARTNERS (01575) announced its interim results for 2025, showing revenue decreased by approximately 44.2% to approximately HK$41.9 million. The loss attributable to owners of the company was HK$28.886 million, narrowing by 68.71% year-on-year, with basic loss per share of approximately HK$0.97 cents.
The announcement stated that the revenue decrease was due to macroeconomic factors such as inflation and rising interest rates, which led to reduced consumer disposable income and decreased demand for furniture. The reduction in net loss was mainly attributed to a one-time provision of approximately HK$60.6 million for receivables from related companies in the same period last year, which did not recur during the current period.
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