Fire Rock FY2025 loss widens to HKD43 million as gross profit falls 15.3% to HKD96 million

Reuters
Yesterday
<a href="https://laohu8.com/S/01909">Fire Rock</a> FY2025 loss widens to HKD43 million as gross profit falls 15.3% to HKD96 million
  • Fire Rock published an annual results announcement reporting revenue of HKD146.2 million, up 4%.
  • Gross profit fell 15.3% to HKD95.5 million, and the company posted a loss for the year of HKD43.5 million.
  • Loss before income tax was HKD21.09 million, while income tax expense rose 30.2% to HKD22.42 million on higher assessable profit from a Thailand subsidiary and higher deferred tax.
  • Cash and cash equivalents more than doubled to HKD112.92 million, mainly due to completion of a rights issue in December 2025 and partly offset by dividends paid to non-controlling interests of a Thailand subsidiary.
  • Management attributed the wider loss attributable to owners to impairment on intangible assets, amortization of intangible assets for games launched in March 2025, and higher staff costs, and said it plans to increase investment in game R&D with several new game launches in Southeast Asia in the coming year.


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. Fire Rock Holdings Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260323-12063712), on March 23, 2026, and is solely responsible for the information contained therein.

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