COCOON HOLDINGS (00428) Reports Interim Results with Net Profit of HK$3.039 Million

Stock News08-18

COCOON HOLDINGS (00428) announced its interim results for the six months ended June 30, 2025, recording revenue of HK$70,000, representing a year-over-year decline of 9.1%. The company achieved a net profit of HK$3.039 million, marking a significant turnaround from the loss of HK$18.98 million recorded in the same period last year. Basic earnings per share stood at 3.35 HK cents.

The decrease in revenue during the period was primarily attributed to reduced dividend income compared to the reporting period. During this timeframe, the group successfully turned its performance around from loss to profit, largely due to the favorable performance of certain publicly traded securities held by the group.

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