Shun Tak Holdings Reports 38% Drop in Revenue and Narrows Loss to HK$94.6 Million for 2025 Interim Period
Reuters
Aug 29
Shun Tak Holdings Reports 38% Drop in Revenue and Narrows Loss to HK$94.6 Million for 2025 Interim Period
Shun Tak Holdings Limited has reported its unaudited consolidated interim results for the six months ended June 30, 2025. The company recorded a significant decrease in revenue, reporting HK$1.35 billion, down from HK$2.16 billion in the same period of 2024. The loss attributable to the owners of the company was HK$120 million, a substantial improvement from the HK$428 million loss recorded in the previous year. The basic loss per share for the period was HK4.0 cents, compared to a loss of HK14.2 cents in 2024. The company's net assets increased slightly to HK$33.18 billion from HK$32.73 billion in 2024. The Board has decided not to declare an interim dividend for the period, consistent with the previous year. No specific outlook or guidance was provided by the company in the released document.
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