Sino Splendid posts a profit

Hong Kong, 29th August: Also last week, Hong Kong-listed company Sino Splendid (formerly China.com) released its results for the six months ended 30th June 2025. Revenues during the period were US$2.4 million, representing a year-on-year increase of 1.5%. The company recorded a net profit of US$323,000 in the first half of 2025, compared with a loss of US$768,000 in the first half in 2024. Diluted earnings per share in the six-month period were HK$0.017 (US$0.0022).

Majority of Sino Splendid’s revenues were generated from the Financial Magazine and Other Media Business, amounting at US$2.3 million, which is flat with the first half of last year. The remaining revenues were generated from its Money Lending segment (US$55,000), the Securities Investment segment (US$45,000), and the Travel Media segment (US$44,600).

The company claimed the increase in revenues was mainly due to the increase in revenues from the travel media business, which increased 46%.

In the future, the company will improve its operation efficiency and profitability of its business. It will also seek opportunities to expand its customer base and its market share and undertake more projects.