CNCG swings to HY net profit of HKD 15.4 million from loss, driven by HKD 12.8 million gain on financial assets
Reuters
Dec 11, 2025
CNCG swings to HY net profit of HKD 15.4 million from loss, driven by HKD 12.8 million gain on financial assets
China National Culture Group Ltd. reported revenue of HKD 27.8 million for the half year ended 30 September 2025. Gross profit for the period was HKD 5.2 million. The Group recorded a net profit of HKD 15.4 million, compared to a net loss in the same period last year. Earnings per share for the half year stood at 6.56 HK cents. Revenue from advertising reached HKD 10.2 million, while e-commerce revenue was HKD 17.6 million. No single customer accounted for more than 10 percent of total revenue during the period. Net other gains amounted to HKD 12.8 million, mainly due to a positive fair value change on financial assets held for trading. Administrative expenses totaled HKD 2.6 million. No income tax expense was reported for the period. All of the Group's operations and revenue were derived from Hong Kong.
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