Loco Hong Kong Holdings Ltd. Reports 20% Increase in Metal Sales Revenue to HK$10.15 Billion and Net Profit of HK$34.5 Million for H1 2025
Loco Hong Kong Holdings Ltd. has released its unaudited condensed consolidated interim financial statements for the six months ended 30 June 2025. The company reported a significant increase in revenue, with total sales amounting to HK$10.166 billion, up from HK$8.452 billion in the same period of 2024. This increase was primarily driven by the metal business segment, which saw sales rise to HK$10.150 billion from HK$8.438 billion. Additionally, revenue from education management services increased to HK$15.591 million from HK$13.620 million. The Group's reportable segment profit was HK$34.499 million, showing an improvement from the previous period. The metal business segment contributed HK$22.325 million to the profit, while the education management services segment added HK$12.249 million. However, the money lending services segment reported a slight loss of HK$75,000. As of 30 June 2025, Loco Hong Kong Holdings Ltd. reported segment assets totaling HK$3.143 billion and segment liabilities of HK$2.973 billion. The company's business operations continue to focus on metal sales, education management services, and money lending services.
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