Silver Grant Reports 8.2% Increase in Revenue to HK$50.81 Million for H1 2025, Posts Segment Loss of HK$104.72 Million
Reuters
Aug 29
Silver Grant Reports 8.2% Increase in Revenue to HK$50.81 Million for H1 2025, Posts Segment Loss of HK$104.72 Million
Silver Grant International Holdings Group Ltd. has released its unaudited interim results for the six months ended June 30, 2025. The group reported total revenue of HK$50.8 million, an increase from HK$46.96 million in the same period last year. This increase is primarily attributed to rental income, which accounted for HK$50.23 million of the total revenue, up from HK$46.96 million in the previous period. Additionally, income from distributed photovoltaic power generation contributed HK$0.576 million. The group recorded a segment loss of HK$104.72 million, a significant downturn compared to the previous period. The investments segment reported a loss of HK$55.46 million, while the property leasing segment and the new energy investment and operation segment recorded losses of HK$49.44 million and a profit of HK$0.172 million, respectively. Interest income from loan receivables amounted to HK$14.71 million, while interest from bank deposits was HK$11, and there was a net foreign exchange gain of HK$0.21 million. The company also realized a net gain of HK$4.61 million from the disposal of investment properties. The interim results reflect the company's strategic focus on property leasing and new energy investments. However, the financial performance indicates challenges in achieving profitability within the reporting period.
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