Symphony Holdings narrows losses, boosts income in first half

Symphony Holdings Limited reported a consolidated loss of HK$12.8 million for the six months ended June 30, 2025, a substantial improvement from the HK$26.7 million loss in the corresponding period of 2024. Total comprehensive income attributable to owners of the company surged to HK$45.4 million, reversing a loss of HK$-83.5 million from the prior year. Revenue for the period saw a slight decrease of 1.4% to HK$148.2 million (2024: HK$150.3 million), while EBITDA increased to HK$73.9 million from HK$72.3 million.

The reduction in loss was primarily driven by an increase in other income and gains, which rose by 42.8% to HK$35.7 million (2024: HK$25.0 million), and a decrease in finance costs by 18.9% to HK$39.7 million (2024: HK$48.9 million). Net asset value improved to HK$2,345.2 million as of June 30, 2025, up from HK$2,319.0 million at December 31, 2024.

The branding segment's revenue decreased by 13.2% to HK$20.2 million, incurring a segment loss of HK$2.5 million. Conversely, the retailing segment experienced a 1.4% revenue increase to HK$119.8 million, with a segment profit of HK$11.3 million. The financial services segment saw revenue decline by 7.2% to HK$8.3 million, resulting in a segment loss of HK$1.9 million.