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Recent press releases and 8-K filings for GRFXY.
Graphex Group Reports Reduced Half-Year Loss Amid Revenue Decline and Capital Restructuring
GRFXY
Earnings
Demand Weakening
- For the six months ended June 30, 2025, Graphex Group Limited reported a 55% decrease in loss attributable to owners of the parent, from HK$(54,096) thousand in 2024 to HK$(24,631) thousand in 2025. This improvement was partly driven by effective cost control and a reversal of impairment losses.
- The company's total revenue decreased by 18% to HK$76,835 thousand for the six months ended June 30, 2025, compared to HK$93,742 thousand in the prior year, primarily due to a less favorable market and economic environment.
- Despite the revenue decline, Adjusted segment EBITDA increased by 103% to HK$9,525 thousand for the six months ended June 30, 2025, up from HK$4,682 thousand in the corresponding period of 2024.
- The company completed a share consolidation and a rights issue on May 21, 2025, which generated approximately HK$115.7 million in net proceeds.
Sep 30, 2025, 3:45 PM
Graphex Group Reports Q2 2025 Interim Results with Reduced Loss
GRFXY
Earnings
Demand Weakening
Debt Issuance
- Graphex Group Limited reported a 18% decrease in total revenue to HK$76.8 million for the six months ended June 30, 2025, compared to HK$93.7 million in the same period of 2024.
- The company significantly reduced its loss attributable to owners of the parent by 55% to HK$24.6 million for the six months ended June 30, 2025, from HK$54.1 million in the prior year period.
- Both the Graphene Products Segment and Landscape Architecture Design Segment experienced revenue declines of 21.3% and 11.8% respectively, while the overall gross profit margin improved to 36%.
- The Group's financial position showed improvement with the current ratio increasing to 0.89x at June 30, 2025, from 0.71x at December 31, 2024, and the gearing ratio decreasing to 58.5%.
- Despite these improvements, the Group still recorded net current liabilities of HK$43.274 million as of June 30, 2025, and management is implementing measures, including securing a HK$50 million short-term loan facility, to ensure sufficient working capital and address going concern considerations.
Aug 29, 2025, 10:30 AM
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