Directel Holdings Reports 66.3% Drop in Revenue to HK$23.2 Million and 19.9% Lower Net Loss for First Half of 2025
Reuters
Sep 26
Directel Holdings Reports 66.3% Drop in Revenue to HK$23.2 Million and 19.9% Lower Net Loss for First Half of 2025
Directel Holdings Limited reported revenue of HK$23.2 million for the six months ended 30 June 2025, a decrease of 66.3% compared with HK$68.9 million in the same period in 2024. Segment revenue from telecommunications services was HK$3.4 million, down from HK$4.5 million in the prior year period, while revenue from the distribution business declined to HK$19.8 million from HK$64.4 million. Loss attributable to equity shareholders for the period was HK$4.2 million, a reduction of 19.9% from a loss of HK$5.2 million in the previous year. Reportable segment profit totaled HK$716,000, compared to HK$1.4 million in the same period of 2024. Cash and cash equivalents stood at HK$23.0 million as of 30 June 2025, compared to HK$21.7 million as of 30 June 2024. There were no significant updates regarding changes in business or operations during the period.
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