hopefluent Group holdings Limited
M
(Incorporated in the Cayman Islands with limited liability) Stock Code: 733
INTER IM REPORT
The board of directors (the "Directors") of Hopefluent Group Holdings Limited (the "Company") announces the unaudited consolidated interim results of the Company and its subsidiaries (collectively referred to as the "Group") for the six months ended 30 June 2025, together with comparative figures for the corresponding period in 2024 as follows:
CONDENSED CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOMESix months ended 30 June
Notes
2025
HK$'000
(unaudited)
2024
HK$'000
(unaudited)
For the six months ended 30 June 2025
Revenue | 4 | 369,420 | 422,038 |
Other income | 3,302 | 7,796 | |
Selling expenses | (362,691) | (411,526) | |
Administrative expenses | (121,666) | (125,258) | |
Loss allowance on financial assets | (26,581) | (211) | |
Other gains and losses | (10,976) | (1,520) | |
Share of result of an associate | (65) | - | |
Finance costs | 5 | (4,543) | (8,502) |
Loss before tax | (153,800) | (117,183) | |
Income tax credit/(expense) | 6 | 6,474 | (94) |
Loss for the period | 7 | (147,326) | (117,277) |
Other comprehensive expense for the period | |||
Items that may be reclassified to profit or loss: | |||
Exchange differences arising on translating to | |||
presentation currency | 36,498 | (38,420) | |
Total comprehensive expense for the period | (110,828) | (155,697) | |
Hopefluent Group Holdings Limited 1
CONDENSED CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME (Cont'd)
Six months ended 30 June 2025 2024
HK$'000 HK$'000
Notes (unaudited)(unaudited)
For the six months ended 30 June 2025
(Loss)/profit for the period attributable to:
| (147,208) (118) | (117,955) 678 | |
(147,326) | (117,277) | ||
Total comprehensive (expense)/income for | |||
the period attributable to: | |||
- Owners of the Company | (110,883) | (156,061) | |
- Non-controlling interests | 55 | 364 | |
(110,828) | (155,697) | ||
Dividends | 8 | - | - |
Loss per share - Basic and diluted | 9 | HK(21.84) cents | HK(17.50) cents |
CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION
30 June 31 December
2025 2024
HK$'000 HK$'000
Notes (unaudited)(audited)
As at 30 June 2025
NON-CURRENT ASSETS | |||
Investment properties | 88,802 | 121,043 | |
Property, plant and equipment | 10 | 158,316 | 159,641 |
Right-of-use assets | 10 | 40,359 | 56,593 |
Goodwill | 11 | 11,321 | 10,960 |
Interests in an associate and a joint venture | 484 | - | |
Loan receivables | 98,182 | 95,049 | |
Other receivables and deposits | 1,703 | 2,901 | |
Deferred tax assets | 200,660 | 200,344 | |
599,827 | 646,531 | ||
CURRENT ASSETS | |||
Accounts receivable | 12 | 544,446 | 564,005 |
Loan receivables | 105,632 | 120,717 | |
Other receivables, deposits and prepayments | 166,378 | 176,845 | |
Amount due from a joint venture | 15,301 | 14,812 | |
Financial assets at fair value through | |||
profit or loss ("FVTPL") | 13 | 3,733 | 5,531 |
Bank balances and cash | 164,248 | 210,526 | |
999,738 | 1,092,436 | ||
CURRENT LIABILITIES | |||
Payables and accruals | 14 | 141,660 | 123,699 |
Contract liabilities | 32,660 | 30,649 | |
Lease liabilities | 18,632 | 23,289 | |
Tax liabilities | 24,290 | 28,847 | |
Bank and other borrowings | 108,241 | 122,872 | |
325,483 | 329,356 | ||
NET CURRENT ASSETS | 674,255 | 763,080 | |
TOTAL ASSETS LESS CURRENT LIABILITIES | 1,274,082 | 1,409,611 | |
Hopefluent Group Holdings Limited 3
CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION (Cont'd)
30 June 31 December
2025 2024
HK$'000 HK$'000
Notes (unaudited)(audited)
As at 30 June 2025
NON-CURRENT LIABILITIES | |||
Lease liabilities | 17,473 | 26,139 | |
Deferred tax liabilities | 70,437 | 93,594 | |
Bank and other borrowings | 8,786 | - | |
96,696 | 119,733 | ||
CAPITAL AND RESERVES | |||
Share capital | 15 | 6,741 | 6,741 |
Share premium and reserves | 1,161,444 | 1,272,327 | |
Equity attributable to owners of the Company | 1,168,185 | 1,279,068 | |
Non-controlling interests | 9,201 | 10,810 | |
TOTAL EQUITY | 1,177,386 | 1,289,878 | |
1,274,082 | 1,409,611 | ||