Realord Group sees revenue rise but net loss persists in 1H2025

Realord Group Holdings Limited reported total revenue of HK$277.1m for the six months ended June 30, 2025, a 6.4% increase from HK$260.5m in the prior year. This growth was primarily driven by the EP Segment, which saw revenue rise by HK$75.1m to HK$211.8m, a 54.9% increase. However, the Property Segment, Financial Services Segment, MVP Segment, and LAC Segment experienced decreases in revenue.

Despite the revenue growth, the Group recorded a net loss from continuing operations of HK$496.2m in 1H2025, compared to HK$518.7m in 1H2024. Gross profit decreased by HK$18.2m to HK$64.8m. The net loss was significantly impacted by a net foreign exchange loss of HK$91.5m and impairment losses of HK$54.8m. Finance costs, however, decreased by HK$67.8m to HK$296.0m.

As of June 30, 2025, Realord Group had net current liabilities of HK$266.463m, with bank balances and cash at HK$40.043m. The gearing ratio stood at 534.0%, up from 456.3% in December 2024. The company recently extended bank borrowings totaling HK$4,617,048,000 and HK$2,572,880,000 to 2030 and 2035, respectively, post-reporting period.