Picture of Regal Partners Holdings logo

1575 — Regal Partners Holdings News Story

0.000.00%
hk flag iconLast trade - 00:00
Consumer CyclicalsHighly SpeculativeMicro CapMomentum Trap

China's Regal Partners HY net loss narrows on lower expenses

China's Regal Partners HY net loss narrows on lower expenses


Overview

  • China investment holding firm's half-year revenue fell

  • Net loss attributable narrowed about 40%

  • Company did not recommend interim dividend for the period


Outlook

  • Regal Partners plans to deploy HK$27.8 mln of placing proceeds to expand Southeast Asian capacity and supply chains, develop showrooms and fund working capital

  • Group plans to deepen its North American footprint, attend trade shows and optimise supply chains in Cambodia and Southeast Asia


Result Drivers

  • REVENUE COLLAPSE - Co said revenue fell significantly

  • LOWER EXPENSES - Co said loss for the period narrowed, yr/yr, partly due to reduced administrative and selling expenses


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

H1 Revenue

RMB 10.30 mln

H1 Net Loss Attributable

RMB 18.10 mln


Analyst Coverage

  • The stock recently traded at 0 times the next 12-month earnings vs. a P/E of 0 three months ago


Reuters Recommended Reads

  • Aug 28 - China's CIFI Holdings H1 revenue falls 63% on lower property deliveries

  • Aug 28 - China fintech Jiayin swings to Q2 loss as transactions tumble; suspends dividend

  • Aug 31 - China's LexinFintech Q2 revenue falls 11%, profit drops 76%


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 Regal Partners Holdings

See all news