Lippo Limited Reports Slight Increase in Revenue to HK$421.2M, Net Loss Narrows to HK$46.8M for H1 2025
Reuters
Aug 28
Lippo Limited Reports Slight Increase in Revenue to HK$421.2M, Net Loss Narrows to HK$46.8M for H1 2025
Lippo Limited has released its financial results for the six months ended June 30, 2025. The company reported a revenue of HK$421.2 million, marking an increase from HK$410 million in the same period of 2024. The gross profit slightly decreased to HK$265.6 million compared to HK$266.2 million in the previous year. The company recorded a loss before tax of HK$46.8 million, a significant improvement from the HK$589.7 million loss reported in the corresponding period of 2024. The financial results were affected by a substantial reduction in finance costs, which decreased to HK$37.6 million from HK$57.2 million in 2024, and gains in the share of results from joint ventures amounting to HK$40.7 million, compared to a loss of HK$433.1 million in the same period last year. There were no specific updates provided regarding the company's outlook or guidance for the rest of the year. The financial information should be considered alongside the Group's annual financial statements for the year ended December 31, 2024, for a comprehensive understanding of its performance.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lippo Limited published the original content used to generate this news brief on August 28, 2025, and is solely responsible for the information contained therein.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.