TE HEALTHCARE released its interim results, reporting a net loss of HKD 2.215 million, turning from profit to loss year-on-year
TE HEALTHCARE released its interim results for the period ending June 30, 2025, with revenue of HKD 45.184 million, a year-on-year decrease of 18.59%. The company reported a net loss of HKD 2.215 million, compared to a profit of HKD 6.26 million in the same period last year, with a basic loss per share of HKD 0.11. The performance loss was mainly due to one-time professional fees of HKD 2.5 million arising from the change of controlling shareholder
According to the Zhitong Finance APP, TE HEALTHCARE (06877) released its interim results for the six months ending June 30, 2025, with total revenue of HKD 45.184 million, a year-on-year decrease of 18.59%; the loss for the period was HKD 2.215 million, compared to a profit of HKD 6.26 million in the same period last year; basic loss per share was HKD 0.11.
The announcement stated that the performance turned from profit to loss mainly due to a one-time professional fee of HKD 2.5 million related to the change of the company's controlling shareholder and the subsequent mandatory general offer triggered during the mid-2025 period
