Zero Fintech Group Ltd. has announced its interim results for the six months ended 30 June 2025. The company's revenue increased to HK$159.3 million from HK$117.0 million in the same period of 2024, driven primarily by higher interest income from the money lending business, which rose to HK$155.5 million from HK$116.2 million. Additionally, the company reported HK$3.1 million in IT service income, a new revenue stream for this period. Despite the rise in revenue, Zero Fintech Group experienced a net loss, with impairment losses on loan and interest receivables increasing to HK$67.2 million, compared to HK$43.5 million in the previous year. Fair value losses on investment property also decreased, amounting to HK$0.4 million compared to HK$3.0 million in 2024. The company's other income decreased to HK$1.4 million from HK$2.5 million, and other net losses were HK$0.8 million, an improvement from the HK$1.8 million loss reported previously. Advertising and promotion expenses rose to HK$15.3 million from HK$12.9 million. No specific outlook or guidance for the upcoming periods was provided in this announcement.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Zero Fintech Group Ltd. published the original content used to generate this news brief on August 28, 2025, and is solely responsible for the information contained therein.
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