Symphony Holdings narrows interim loss despite revenue dip

Symphony Holdings Limited reported an overall revenue decrease of approximately HK$148.2 million for the first half of 2025, a 1.4% decline from HK$150.3 million in the corresponding period of 2024. Despite this, the group's unaudited consolidated loss significantly narrowed to HK$12.8 million, an improvement from HK$26.7 million in the prior year. This reduction was primarily attributed to an increase in other income and gains, and a decrease in finance costs due to a decline in the Hong Kong Interbank Offered Rate.

Total comprehensive income attributable to owners of the company reversed from a loss of HK$-83.5 million to a gain of HK$45.4 million for the period. The group's net asset value also increased to HK$2,345.2 million as at 30 June 2025. The branding segment saw a 13.2% revenue decrease to HK$20.2 million, while the retailing segment's revenue increased by 1.4% to HK$119.8 million.

The group's acquisition of further interests in SYM ITO Group, completed in February 2025 for $0.6 million, aims to provide full control and enhance operational and management efficiency. The group remains committed to optimizing business strategy and operational efficiency in the evolving market.