HC narrows loss in first half

Hong Kong, 22nd August: Last week, Hong Kong-listed HC Group released its interim results for the six months ended 30th June 2025. The company’s revenues increased slightly by 1.8% year-on-year, amounting at US$838 million. The company also posted its net loss decreased from US$7.6 million in the first half of 2024, down to US$3.2 million recorded in the first half of 2025.

The company attributed the loss during the reported period to the share of post-tax losses of associates.

In terms of business segment, more than 97% of HC Group’s revenues were generated from its smart industries segment, amounting to US$816 million. Revenues from this segment grew 1.2% from the first half of 2024. The remaining revenues were generated from HC’s technology-driven new retail segment (US$23 million), which increased by 30% year-on-year.

In short term, the company continues to review its development strategies and make timely adjustments to its business, operating and cost structure, to focus on its resources on more promising areas and achieve sustainable development of its business. In mid-to long-term, the company will optimize its competitiveness to better seize opportunities by giving special focus on the opportunities for industrial upgrading driven by AI technology, and reconstructing its traditional business models through AI technology to continuously optimize resource allocation.