Telecom Service One (3997) Announces Interim Results, Reports HK$18.9 Million in Revenue

Bulletin Express11-28

Telecom Service One Holdings Limited (Stock Code: 3997) released its interim results for the six months ended 30 September 2025. The company recorded revenue of approximately HK$18.9 million, compared to HK$23.6 million for the same period in 2024, citing market competition and fluctuating consumer sentiment as contributing factors.

Gross profit came in at HK$2.0 million, down from HK$3.3 million a year earlier. The overall loss for the period rose to HK$3.8 million, compared to HK$1.8 million in 2024. Management highlighted thinner profit margins and the absence of gains from financial assets as the primary reasons for the greater loss.

Administrative expenses totaled HK$6.1 million, slightly lower than HK$6.5 million in the corresponding period last year. Finance costs decreased to HK$21,000 from HK$120,000, reflecting lower borrowing-related charges. The board resolved not to declare any interim dividend for the reporting period.

The company emphasized ongoing efforts to secure new business contracts and enhance operational efficiency in navigating Hong Kong’s challenging economic environment. It reiterated a cautious approach to capital management, noting no material acquisitions, disposals, or significant changes to its capital structure during the reporting period.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment