Paliburg Holdings Reports 14.8% Decline in Revenue and HK$613.4 Million Loss for 2025 Interim Period; EPS Down 7.8%
Paliburg Holdings Limited has reported its interim results for the six months ended 30th June, 2025. The Group recorded a revenue of HK$1.186 billion, a decrease of 14.8% compared to HK$1.392 billion for the same period in 2024. The gross profit for the first half of 2025 amounted to HK$403.8 million, down 2.5% from HK$414.2 million in the prior year. The Group faced a consolidated loss attributable to shareholders of HK$613.4 million, an improvement from the HK$676.3 million loss reported in the corresponding period of 2024. The company attributes the contraction in revenue primarily to sluggish market conditions in the real estate sectors in Hong Kong and the Mainland, where its property businesses are mainly conducted. However, the hotel operations through its principal listed subsidiary, Regal Hotels International Holdings Limited, have shown steady performance, contributing increased income compared to the previous year. Looking ahead, management is taking proactive measures to strengthen the Group's financial base by planning the disposals of some non-core assets. Despite the challenging overall economic environment, these steps are expected to bolster the Group's financial standing.
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