HUASHENG INTL(01323) releases its interim financial results, with a net loss attributable to shareholders of HK$41.774 million, representing a 71.21% increase compared to the same period last year.
Hua Sheng International Holdings (01323) released its interim results for the six months ending on September 30, 2025. The group achieved a revenue of 161 million Hong Kong dollars, a decrease of 19.29% year-on-year. The company's attributable loss was 41.774 million Hong Kong dollars, an increase of 71.21% year-on-year. The loss per share was 5.53 Hong Kong cents.
Huasheng International (01323) announced its interim results for the six months ended September 30, 2025. The Group achieved a revenue of HK$161 million, a decrease of 19.29% compared to the previous year. The loss attributable to owners of the company was HK$41.774 million, an increase of 71.21% compared to the previous year. The loss per share was 5.53 HK cents.
During the interim period, the Group recorded a continuous operating loss before tax of approximately HK$36 million, compared to approximately HK$23.1 million in the same period in 2024 (as restated), resulting in an increase of approximately HK$12.9 million in loss. The increase in loss before tax during the interim period was mainly due to a significant decrease in revenue from the concrete business, coupled with an increase in raw material costs leading to a further narrowing of gross profit margin.
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