Sky Light Holdings Ltd. Reports 1.1% Decline in Revenue and 47.3% Drop in Gross Profit for H1 2025; Loss Per Share Decreases by 16.7%

Reuters
Sep 12, 2025
Sky Light Holdings Ltd. Reports 1.1% Decline in Revenue and 47.3% Drop in Gross Profit for H1 2025; Loss Per Share Decreases by 16.7%

Sky Light Holdings Ltd. has released its interim financial results for the six months ending June 30, 2025. The company's revenue decreased slightly by 1.1%, totaling HK$134.5 million compared to HK$136.1 million in the same period of 2024. The cost of sales increased by 10.6% to HK$119.9 million, resulting in a gross profit of HK$14.6 million, which represents a 47.3% decline from the previous year's HK$27.6 million. The gross profit margin dropped by 9.5 percentage points to 10.8%. The loss for the period from continuing operations was HK$29.9 million, a 38.7% increase from the HK$21.6 million loss recorded in 2024. No loss was reported from discontinued operations for the current period, whereas it was HK$18.0 million in the previous year. The overall loss for the period decreased by 24.5% to HK$29.9 million from HK$39.6 million in 2024. The loss attributable to owners of the company was HK$20.5 million, a reduction of 16.8% from HK$24.6 million in 2024. The portion attributable to non-controlling interests was HK$9.4 million, down 37.3% from HK$15.0 million. In a significant business update, Sky Light International (Vietnam) Limited, a non-wholly-owned subsidiary of the company, entered into a capital injection agreement with Sky Light Electronic Joint Stock Company in Vietnam. The agreement involves a capital injection of approximately HK$7.8 million to be used as the general working capital for the joint stock company.

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