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Strong Petrochemical FY25 net loss narrows to HK$246.25 million; revenue rises to HK$1.63 billion
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Strong Petrochemical FY25 net loss narrows to HK$246.25 million; revenue rises to HK$1.63 billion
  • Strong Petrochemical posted a net loss of HK$246.25 million, narrowing from HK$330.28 million a year earlier.
  • Revenue rose 1.98% to HK$1.63 billion, while gross profit swung to a loss of HK$5.42 million from a profit.
  • Impairment losses on property, plant and equipment fell to HK$73.27 million from HK$158.38 million, while expected credit losses increased to HK$27.76 million.
  • Cash and cash equivalents dropped to HK$167.5 million from HK$878.55 million, with net cash used in operating activities of HK$701.12 million.
  • BDO issued a qualified opinion, citing scope limitations tied to crude oil trading transactions, certain bank balances, and comparability of 2024 trading figures.


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. Strong Petrochemical Holdings Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260731-12265314), on July 31, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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