Amasse Capital Holdings Ltd. Reports 19% Decline in Revenue to HK$4.63 Million for Six Months Ending March 2025

Reuters
29 May
Amasse Capital Holdings Ltd. Reports 19% Decline in Revenue to HK$4.63 Million for Six Months Ending March 2025

Amasse Capital Holdings Ltd. has released its unaudited condensed consolidated results for the six months ending 31 March 2025. The Group reported that its revenue, derived from corporate finance advisory services and company secretary services, showed a notable increase in contributions from major clients compared to the same period in the previous year. Specifically, Customer A contributed HK$680,000, up from HK$300,000, while Customer E, a new addition, contributed HK$500,000. Other significant clients, Customers B, C, and D, each maintained a steady contribution of HK$600,000. Other income for the period included a bank interest income of HK$158,000, a decrease from HK$296,000 in the previous year. The Group also recorded a reversal of loss allowance of trade receivables amounting to HK$200,000, which was not present in the prior period. In terms of net gains and losses, the Group experienced a net realised gain of HK$79,000 and a net unrealised gain of HK$78,000 on financial assets at fair value through profit or loss, compared to a net realised loss of HK$900,000 in the prior period. The Group's operations are primarily based in Hong Kong, focusing on advisory services. No specific outlook or guidance for future periods was provided in the report.

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