Tycoon Group expects HK$7m loss after HK$24m profit

Tycoon Group Holdings expects a loss of at least HK$7.0 million for the six months ending June 30, 2025, reversing a HK$24.2 million profit in the same period last year.

The loss stems from re-consolidating the CWA Group, creating a HK$4.0 million loss from its China e-commerce operations, plus share-based payment expenses rising to HK$8.0 million from HK$0.8 million previously.