Apollo Future Mobility Group Limited Reports HK$84.90 Million in Revenue and HK$21.86 Million Net Loss for First Half of 2025

Reuters
Sep 26, 2025
<a href="https://laohu8.com/S/ALFMF">Apollo Future Mobility</a> Group Limited Reports HK$84.90 Million in Revenue and HK$21.86 Million Net Loss for First Half of 2025

Apollo Future Mobility Group Limited reported its unaudited condensed consolidated interim results for the six months ended 30 June 2025. The Group recorded total revenue of HK$84.9 million for the period, compared to HK$200.7 million for the same period in 2024, reflecting a significant decrease in sales. The mobility technology solutions segment generated HK$1.1 million in revenue, while the jewellery products, watches, and other commodities segment contributed HK$81.0 million. The money lending segment reported revenue of HK$2.7 million. Segment results showed a loss of HK$9.3 million for mobility technology solutions and a loss of HK$14.4 million for jewellery products, watches, and other commodities, while the money lending segment registered a profit of HK$1.8 million. The Group reported a consolidated loss before tax of HK$21.9 million for the six months ended 30 June 2025, compared to a profit of HK$4.3 million for the same period in 2024. The period included net fair value losses on listed equity investments of HK$2.0 million and net fair value losses on convertible bonds of HK$14.0 million. Other unallocated income and expenses, net, amounted to a loss of HK$68.4 million, and a provision for loss allowances on other receivables was HK$8.0 million. Finance costs (excluding interest on lease liabilities) totaled HK$7.6 million. No significant business or operational updates were disclosed in the report.

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