Great China Holdings (Hong Kong) Ltd. Reports HK$26 Million Revenue and HK$43.6 Million Net Loss for First Half of 2025

Reuters
Sep 30
Great China Holdings (Hong Kong) Ltd. Reports HK$26 Million Revenue and HK$43.6 Million Net Loss for First Half of 2025

For the six months ended 30 June 2025, revenue was HK$25.42 million, compared to HK$4.39 million for the same period in 2024. Sales of properties contributed HK$20.72 million in 2025, while there were no sales of properties reported in 2024. Property management income amounted to HK$4.69 million in 2025 and HK$4.39 million in 2024. The group reported a loss before tax of HK$37.21 million for the period, versus a profit before tax of HK$9.35 million in 2024. Income tax expenses were HK$6.38 million in 2025, compared to HK$1.23 million in 2024. The loss for the period was HK$43.59 million, compared to a profit of HK$8.12 million in the previous year. Exchange differences arising on translation of foreign operations resulted in a gain of HK$48.89 million in 2025, compared to a loss of HK$40.08 million in 2024. Total comprehensive income for the period was HK$5.31 million, compared to a total comprehensive loss of HK$31.96 million in 2024. Net cash flows used in operating activities amounted to HK$17.60 million for the period, compared to HK$7.64 million in the same period of the previous year. Depreciation of property, plant and equipment was HK$21,000 in 2025 and HK$37,000 in 2024. Depreciation of right-of-use assets was HK$1.12 million in 2025 and HK$0.85 million in 2024. Finance costs were HK$0.55 million in 2025 and HK$0.64 million in 2024. Bank interest income received was HK$18,000 in 2025 and HK$224,000 in 2024.

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