Acme International Holdings Reports 20% Decline in Revenue and HK$24.4 Million Loss for H1 2025
Reuters
Aug 28
Acme International Holdings Reports 20% Decline in Revenue and HK$24.4 Million Loss for H1 2025
Acme International Holdings Ltd. has released its unaudited condensed consolidated interim results for the six months ended June 30, 2025. The company reported a significant decline in revenue, totaling HK$67.4 million compared to HK$83.9 million in the same period of 2024. Gross profit also experienced a notable decrease, down to HK$1.9 million from HK$20.9 million the previous year. The Group incurred a loss of HK$24.4 million for the period, contrasting with a profit of HK$4.5 million in 2024. The loss was attributed mainly to a decrease in the profit margin of the BMU Systems Business, negative revenue from the electricity trading business in Shandong, and increased expenses related to the development of the Green Power Energy Business. Revenue from Hong Kong fell to HK$41.6 million from HK$76.2 million, while New Zealand contributed HK$26.6 million in revenue, a new addition for the period. No specific outlook or guidance for future periods was provided in the report.
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