Gelonghui, November 21st ─ International Commercial Settlement (00147.HK) announced that based on a preliminary review of the unaudited consolidated management accounts of the Group for the six months ended September 30, 2025 ("the Period"), and considering the information currently available to the Board, the Group expects to record (i) unaudited revenue of approximately HKD 38.4 million for the Period, representing a decrease of approximately 64% compared to the unaudited revenue of approximately HKD 107 million for the same period in 2024; and (ii) an unaudited consolidated net loss of approximately HKD 112 million for the Period, reflecting an increase of approximately 72% compared to the unaudited consolidated net loss of approximately HKD 65.4 million for the same period in 2024.
The primary reasons for the decline in revenue and the increase in net loss during the Period are attributed to the fact that no revenue was generated from the leasing and trading of computing equipment during this time. Given that the performance of the computing equipment leasing business is closely tied to the price of Filecoin, the continuous decline in Filecoin's price since the second half of 2024 led to unfavorable market conditions for customers in this business. During the Period, all of the Group's equipment remained idle, resulting in no revenue being recorded.
