Apollo Future Mobility Group Reports 33% Revenue Drop to HK$84.9 Million for H1 2025, Gross Profit Margin Falls to 6.2%

Reuters
Aug 29, 2025
<a href="https://laohu8.com/S/ALFMF">Apollo Future Mobility</a> Group Reports 33% Revenue Drop to HK$84.9 Million for H1 2025, Gross Profit Margin Falls to 6.2%

Apollo Future Mobility Group Limited has announced its interim financial results for the six months ended 30 June 2025. The Group reported a decrease in revenue to approximately HK$84.9 million from HK$126.2 million in the same period last year. This decline was primarily attributed to a significant drop in revenue from the mobility services segment, which fell to approximately HK$1.1 million from HK$37.5 million in the corresponding period of 2024. The decrease in sales and distribution of vehicles, following the delivery of all Apollo IEs in the last interim period, contributed to this reduction. The next-generation hypercar, the Apollo EVO, remains under development. Revenue from sales of jewellery products, watches, and other commodities stood at approximately HK$81.0 million, a slight decrease from HK$84.9 million in the previous year. Interest income from loan financing also declined to approximately HK$2.7 million from HK$3.9 million. The Group's gross profit for the period was approximately HK$5.3 million, down from HK$12.3 million in the previous year. The gross profit margin decreased to 6.2%, compared to 9.8% for the same period in 2024. The Group continues to focus on delivering exceptional driving experiences with the development of the Apollo EVO and is investing in research and development to maintain its competitive edge in the global mobility landscape.

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