GROWN UP GROUP (01842) has announced its financial results for 2025. The company reported revenue of approximately HK$277 million, representing a decrease of 9.92% compared to the previous year. It recorded a net loss of HK$25.319 million, which widened significantly by approximately 4.69 times year-on-year. The basic loss per share was HK 2.11 cents.
The increase in net loss was primarily attributed to several factors. Firstly, revenue and gross profit margin declined during the reporting period. This was mainly due to a reduction in sales to the US market, caused by highly volatile and increasingly stringent US tariff conditions, coupled with a decrease in sales of higher-margin products. Secondly, the company recognized a net fair value loss of approximately HK$2.8 million on financial assets at fair value through profit or loss, both realized and unrealized. This contrasts with the net fair value gain of approximately HK$2.2 million recognized on such assets in 2024. Lastly, administrative expenses increased by approximately HK$3 million. This rise was mainly a result of the Group's efforts to strengthen its diversified supply chain network and advance business development initiatives, aimed at enhancing its market influence and customer engagement.
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