Hong Kong's eBroker Group H1 revenue falls, posts net loss
Hong Kong's eBroker Group H1 revenue falls, posts net loss
Overview
Hong Kong trading solutions provider's H1 revenue fell yr/yr to HK$12.54 mln
Company posted net loss of HK$2.34 mln, reversing prior-year profit
Revenue decline mainly due to lower installation and customisation services income
Outlook
Company did not provide specific guidance or outlook for future periods in the press release
Result Drivers
INSTALLATION SERVICES DROP - Company reported lower installation and customisation services income
FAIR-VALUE INVESTMENT LOSS – Loss before tax swung to HK$2.3 mln from HK$1.1 mln profit, primarily due to a HK$3.5 mln decline in other gains
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
H1 Revenue |
| HK$12.5 mln |
|
Reuters Recommended Reads
Aug 19 - Hong Kong exchange posts record half-year profit on trading, fundraising boom
Aug 20 - Hong Kong's Futu Q2 revenue jumps on strong trading activity
Aug 19 - Webull Q2 revenue jumps 51% on strong trading activity, customer engagement
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
Recent news on eBroker
See all newsHong Kong's eBroker Group H1 revenue falls, posts net loss
Brief: eBroker Expects HY Income HK$1.5 Million
Brief: Ebroker Says Subscribes For Class Q Shares Of Fund For $1 Million
Brief: Ebroker Group Sees FY Total Comprehensive Loss Attributable HK$2.3 Million And HK$2.7 Million
Brief: eBroker Group Posts H1 Revenue HKD15.9 Million