New Provenance Everlasting Holdings reports strong revenue growth, improved gross profit
New Provenance Everlasting Holdings Limited reported a 27% increase in revenue for the six months ended 30 September 2025, reaching HK$371,705,000, up from HK$291,858,000 in the same period last year. The Group also reversed a gross loss of HK$5,421,000 in 2024 to a gross profit of HK$793,000 for the current interim period.
The sourcing and sale of metal minerals and related industrial materials segment saw revenue grow by 16% to HK$297,057,000, with segment profit surging by 209% to HK$2,607,000. Additionally, the production and sale of industrial products segment's revenue increased by 104% to HK$74,468,000, and its segment loss decreased by 71% to HK$1,867,000.
Despite the positive revenue and gross profit trends, the Group recorded a net loss of HK$9,430,000 for the period, a 46% improvement from the HK$17,403,000 loss in the prior year. Basic loss per share improved to HK Cent 0.045 from HK Cent 0.083.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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