HKET (00423) Announces 2025 Interim Results, Revenue Down 11% and Net Loss Narrows

Bulletin Express
Nov 24, 2025

Hong Kong Economic Times Holdings Limited (00423) released its unaudited interim results for the six months ended 30 September 2025. Revenue stood at HK$364.435 million, a decrease of about 11% compared to HK$407.664 million in the same period last year. Nevertheless, the company’s net loss narrowed to HK$23.339 million, improving from a loss of HK$33.611 million a year earlier.

Advertising income declined 16% to HK$159.158 million amid challenges in traditional ads and cautious market sentiment. Circulation income recorded a small decrease to HK$13.671 million, while service income, mainly from financial subscription services and printing, was HK$191.606 million, representing a 6% dip year-on-year.

Management highlighted continued cost controls, contributing to a higher gross profit margin of 42.9%. Interim dividend per share remains at HK3.0 cents, with a total dividend of HK$12.948 million. As of 30 September 2025, net current assets amounted to HK$376.0 million, and the company reported no borrowing. Management plans to maintain prudent financial oversight and will continue to focus on digital development and AI-based business solutions for sustainable growth.

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