WK Group Reports 3.6% Drop in Revenue, 21.6% Decrease in Gross Profit for H1 2025; EPS Falls to HK0.54 Cents
Reuters
Aug 28
WK Group Reports 3.6% Drop in Revenue, 21.6% Decrease in Gross Profit for H1 2025; EPS Falls to HK0.54 Cents
WK Group (Holdings) Ltd. has reported its unaudited interim financial results for the six months ended 30 June 2025. The company recorded revenues of HK$165.5 million, a decrease of approximately HK$6.2 million or 3.6% compared to HK$171.7 million for the same period in 2024. The gross profit declined by approximately HK$7.0 million or 21.6%, from HK$32.6 million in 2024 to HK$25.6 million in 2025. The profit attributable to owners of the company was approximately HK$10.8 million, down from approximately HK$13.4 million in the previous year. Basic earnings per share were reported at HK0.54 cents, compared to HK0.81 cents for the prior year period. The Board has resolved not to recommend the payment of an interim dividend for the six months ended 30 June 2025. There have been no other material events reported from the end of the reporting period to the date of this announcement.
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