China e-Wallet Payment Reports 90.9% Revenue Increase, Swings to HK$3.01 Million Profit, EPS at HK Cent 0.48 for H1 2025
Reuters
Aug 28
China e-Wallet Payment Reports 90.9% Revenue Increase, Swings to HK$3.01 Million Profit, EPS at HK Cent 0.48 for H1 2025
China e-Wallet Payment Group Limited announced its unaudited consolidated interim results for the six months ended 30 June 2025. The Group reported a profit of approximately HK$3.01 million, a significant improvement from a loss of approximately HK$23.93 million in the same period in 2024. This change was primarily due to a 90.9% increase in the Group's revenue and a shift from fair value losses on financial assets at FVTPL of HK$21.50 million in the first half of 2024 to fair value gains of HK$2.57 million in the first half of 2025. Profit attributable to the owners of the Company rose from a loss of approximately HK$23.96 million in the first half of 2024 to a profit of approximately HK$2.92 million in the same period in 2025. The earnings per share improved to 0.48 HK cents from a loss of 3.97 HK cents per share in the previous year. The increase in selling and administrative expenses was in line with the increase in revenue. The announcement of these results is available on the websites of the Stock Exchange and the Company.
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