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Magic Empire Global Limited Announces First Half 2025 Unaudited Financial Results
MEGL
Earnings
Profit Warning
Demand Weakening
- Magic Empire Global Limited reported a 33.8% decrease in revenue, falling from approximately HK$7.7 million for the first half of 2024 to approximately HK$5.1 million (US$0.7 million) for the first half of 2025.
- The company recorded a net loss of approximately HK$4.6 million (US$0.6 million) for the first half of 2025, a significant decline from a net income of approximately HK$0.6 million in the same period of 2024.
- This resulted in a basic and diluted loss per share of approximately HK$(0.90) (US$(0.11)) for the first half of 2025, compared to earnings per share of HK$0.12 in the prior year period.
- Selling, general and administrative expenses increased by 25.2% to approximately HK$11.5 million (US$1.5 million) for the first half of 2025, up from approximately HK$9.2 million in the first half of 2024, contributing to the net loss.
Oct 17, 2025, 8:05 PM
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