On November 22, Gelonghui announced that HYPEBEAST (00150.HK) recorded revenue of HKD 360,500,000 in the first half of the fiscal year 2025, a decrease of HKD 79,500,000 or 18.1% year-on-year. The gross margin increased by 1.1 percentage points to 48.1% in the first half of the fiscal year 2025 from 47.0% in the first half of the fiscal year 2024, mainly due to a scale reduction in e-commerce. The net profit for the first half of the fiscal year 2025 was HKD 20,200,000, compared to a net loss of HKD 10,000,000 in the first half of the fiscal year 2024, primarily due to the group's implementation of cost-effective actions to enhance gross margin and profitability.
HYPEBEAST(00150.HK)上半年收益3.6亿港元 同比减少18.1%
In the first half of the year, hypebeast (00150.HK) reported a revenue of 0.36 billion Hong Kong dollars, a decrease of 18.1% year-on-year.
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