TONGTONG AI SOC (00628) Announces Interim Results with Attributable Profit of HK$31.876 Million, Up 26.12% Year-on-Year
Stock News
Aug 29
TONGTONG AI SOC (00628) announced its interim results for 2025, reporting revenue of approximately HK$203 million, representing a year-on-year increase of 233.33%. The company's attributable profit reached HK$31.876 million, up 26.12% compared to the same period last year, with earnings per share of HK$0.61 cents.
According to the announcement, the profit increase was primarily attributed to significant losses incurred by Beijing Liheng Group during its initial development phase, in which the company holds an indirect 26.01% equity stake. As a result, the majority of these losses were absorbed by non-controlling interests. Meanwhile, the company's other major business segments achieved growth during the period.
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