Directel Holdings Reports Significant Drop in Revenue to HK$23.2 Million, Posts Consolidated Loss of HK$4.2 Million
Reuters
Aug 29
Directel Holdings Reports Significant Drop in Revenue to HK$23.2 Million, Posts Consolidated Loss of HK$4.2 Million
Directel Holdings Limited has released its interim financial results for the six months ended June 30, 2025. The company reported total revenue of HK$23.2 million, a significant decrease from HK$68.9 million in the same period in 2024. The telecommunications services segment accounted for HK$3.4 million, down from HK$4.5 million, while the distribution business segment generated HK$19.8 million, a sharp decline from HK$64.4 million in the previous year. The company's consolidated loss before taxation for the period was HK$4.2 million, compared to a reportable segment profit of HK$716,000 in 2024. This reflects a substantial downturn in profitability. No specific outlook or guidance for future periods is provided in the report. The company continues to focus on its principal activities in telecommunications services and distribution business.
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