FIRE ROCK Holdings released its interim results, with a loss attributable to shareholders of HKD 18.242 million, turning from profit to loss year-on-year
FIRE ROCK Holdings released its interim results for the period ending June 30, 2025, with revenue of HKD 72.919 million, a year-on-year increase of 15.75%. However, the loss attributable to the owners of the company was HKD 18.242 million, compared to a profit of HKD 6.766 million in the same period last year, mainly due to impairment of intangible assets, amortization of game intangible assets, and increased employee costs. The loss per share was HKD 0.095
According to the Zhitong Finance APP, FIRE ROCK (01909) announced its performance for the six months ending June 30, 2025. The group achieved revenue of HKD 72.919 million, an increase of 15.75% year-on-year; the loss attributable to the owners of the company was HKD 18.242 million, compared to a profit of HKD 6.766 million in the same period last year; the loss per share was HKD 0.095.
The announcement stated that the shift from profit to loss was mainly due to the impairment loss provision for intangible assets related to several of our existing games during the reporting period; the amortization of intangible assets for the new game launched commercially in March 2025; and increased employee costs
