Cosmopolitan International Holdings Reports 94.9% Drop in Revenue, Loss Per Share Down 66.6% for 2025 Interim Period

Reuters
Aug 27
Cosmopolitan International Holdings Reports 94.9% Drop in Revenue, Loss Per Share Down 66.6% for 2025 Interim Period

Cosmopolitan International Holdings Ltd. has announced its interim results for the six months ended 30th June 2025. The company reported a substantial decline in revenue, with figures dropping by 94.9% from HK$314.3 million in the same period in 2024 to HK$16.0 million in 2025. Despite the sharp decrease in revenue, the gross profit increased by 64.3%, rising from HK$1.4 million to HK$2.3 million. The operating loss before depreciation, finance costs, and tax improved from a loss of HK$35.4 million in the previous year to a loss of HK$20.9 million, marking a 41.0% decrease in losses. The loss attributable to equity holders of the parent also saw a significant reduction, decreasing by 66.6% from HK$169.0 million to HK$56.5 million. The basic loss per share for equity holders of the parent decreased from HK(11.50) cents to HK(3.84) cents, reflecting a 66.6% improvement. The net asset value per share, including both ordinary and convertible preference shares, increased by 8.7% to HK$0.50 as of 30th June 2025, up from HK$0.46 at the end of 2024. The company's financial assets investments segment continues to engage in trading financial assets at fair value through profit or loss and other financial assets investments, with management monitoring the results separately for effective resource allocation and performance assessment.

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