Wisdom Wealth Resources Reports 73.6% Surge in Revenue for H1 2025, Achieves HK$62.1 Million Operating Profit
Reuters
Aug 29
<a href="https://laohu8.com/S/00007">Wisdom Wealth</a> Resources Reports 73.6% Surge in Revenue for H1 2025, Achieves HK$62.1 Million Operating Profit
Wisdom Wealth Resources Investment Holding Group Limited reported its financial results for the six months ended 30 June 2025, showing a significant increase in revenue. The Group achieved a revenue of approximately HK$365.9 million, marking a 73.6% increase compared to HK$215 million for the same period in 2024. This substantial rise in revenue was attributed to the relaunch of the trading business in December 2024, with the operating team enhancing customer and supplier connections and improving cash flow. The Group reported a gross profit of HK$18.5 million, up from HK$11.9 million in the previous year. Profit from operations was HK$62.1 million, a turnaround from a loss of HK$3.8 million in the prior period. Earnings per share stood at HK$0.004, reflecting a positive change from a loss of HK$0.011 per share in the previous year. The management highlighted that the increase in revenue was primarily driven by the revitalization of the trading business. The Board will continue to monitor project development timelines and explore joint investment opportunities based on global energy prices and resource allocation.
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