Steed Oriental (Holdings) (8277) released its unaudited interim results for the six months ended 30 September 2025. According to the announcement, the Group’s revenue amounted to approximately HK$6.9 million, down from about HK$11.7 million in the same period last year. Gross profit stood at HK$0.96 million, representing an increase from around HK$0.62 million previously.
The Group recorded a net loss attributable to equity shareholders of HK$0.41 million, substantially narrowing from the HK$9.72 million loss reported a year earlier. The improvement was mainly attributed to lower finance costs following the disposal of a subsidiary in February 2025, and reduced administrative expenses. During the reporting period, trade and other payables reached approximately HK$25.95 million, while the Group held cash and cash equivalents of HK$3.82 million. Net current liabilities were approximately HK$17.91 million.
Management highlighted market challenges tied to property market trends in the People’s Republic of China. The Group is focused on improving operational productivity, expanding product categories, and exploring strategic partnerships. No dividend was recommended for the period. The announcement also stated that there were no significant post-period events and that no major investments or asset charges were in place as of 30 September 2025.