Startup Group Holdings (02221) releases its interim results, with a net loss attributable to shareholders of HK$19.046 million, representing a 28.2% increase year-on-year.
Entrepreneur Group Holdings (02221) released its interim results for the six months ending September 30, 2025. The group achieved a revenue of HK$377 million, an increase of 4.1% year-on-year; a loss of HK$19.046 million attributable to the owners of the company, an increase of 28.2% year-on-year; with a loss per share of 1.14 HK cents.
Entrepreneur Group Holdings (02221) released its mid-year performance for the six months ending on September 30, 2025. The group achieved a revenue of HK$377 million, an increase of 4.1% compared to the same period last year. The loss attributable to the owners of the company was HK$19.046 million, an increase of 28.2%, with a loss per share of 1.14 HK cents.
The announcement stated that the increase in losses during this period compared to the same period last year was mainly attributable to a loss of approximately HK$7.4 million in the construction sector of the group during this period, while a loss of approximately HK$0.7 million was recorded in the same period last year. This deterioration was mainly due to higher gross profit margins on several construction projects completed in the same period last year, while the gross profit margins on projects under construction in this period were generally lower. Some of the adverse effects were partly mitigated by a one-time gain of approximately HK$3.5 million recognized through an investment in a joint venture company through the contribution of intangible assets (i.e. patented technology).
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