Carry Wealth Holding Limited Reports 69% Drop in Revenue and HK$29.7 Million Loss for H1 2025

Reuters
Aug 28
<a href="https://laohu8.com/S/00643">Carry Wealth</a> Holding Limited Reports 69% Drop in Revenue and HK$29.7 Million Loss for H1 2025

Carry Wealth Holding Limited has released its interim results for the six months ended 30 June 2025. The company's revenue amounted to HK$86.9 million, marking a significant decrease of 69.0% compared to the same period in 2024 when it was HK$280.8 million. The gross profit for the period also saw a notable decline, reaching HK$3.3 million, an 89.7% drop from HK$32.1 million in the prior year. The substantial decreases in revenue and gross profit are attributed primarily to a significant downturn in the garment manufacturing and trading segment. The Group reported a loss before taxation of HK$29.7 million, widening from a loss of HK$12.2 million reported in the first half of 2024. The Board has decided not to declare an interim dividend for the period. Carry Wealth Holdings Limited continues to focus on manufacturing and trading garment products for internationally renowned brand names, utilizing its Heshan facility in Mainland China and overseas subcontractors. Additionally, the Group maintains a securities investment business segment, adopting a conservative investment strategy amid market volatility. No specific outlook or guidance was provided in the announcement.

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