CHK Oil Ltd. Reports 4.6% Increase in Revenue to HK$38.39M; Net Loss Narrows, EPS at HK1.29 Cents
CHK Oil Ltd. has released its interim results for the six months ended 30 June 2025. The Group reported a consolidated revenue of approximately HK$38.39 million, a slight increase from HK$36.705 million in the same period of 2024. This growth was primarily driven by the trading of oil, oil-related products, and other products. The net loss for the period was approximately HK$11.104 million, compared to the previous period's figures. The gross profit for the period amounted to approximately HK$254,000, up from HK$121,000 in 2024. The segment revenue from oil and gas sales was HK$5,000, while the trading of oil, oil-related, and other products generated HK$38.385 million. The Group's operations in the People's Republic of China contributed significantly to the revenues, with minor contributions from the USA. The company did not provide specific outlook or guidance for future periods within the report.
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