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Asia Tele-Net Reports Revenue Growth but Lower Profits for H1 2025

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Asia Tele-Net Reports Revenue Growth but Lower Profits for H1 2025

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Asia Tele-Net and Technology Corp Ltd ( (HK:0679) ) has shared an announcement.

Asia Tele-Net and Technology Corporation Limited reported its interim results for the six months ending June 30, 2025, showing a revenue increase to HK$236.9 million from HK$220.6 million in the previous year. Despite the revenue growth, the company’s profit before taxation decreased to HK$15.7 million from HK$26.9 million, attributed to a significant loss on the change in fair value of investment properties. The total comprehensive income for the period was HK$28.7 million, reflecting an improvement from the previous year, driven by favorable exchange differences on foreign operations.

The most recent analyst rating on (HK:0679) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Asia Tele-Net and Technology Corp Ltd stock, see the HK:0679 Stock Forecast page.

More about Asia Tele-Net and Technology Corp Ltd

Asia Tele-Net and Technology Corporation Limited operates in the technology sector, primarily focusing on providing telecommunication and technology solutions. The company is incorporated in Bermuda and listed on the Hong Kong Stock Exchange.

Average Trading Volume: 150,488

Technical Sentiment Signal: Buy

Current Market Cap: HK$378.1M

See more insights into 0679 stock on TipRanks’ Stock Analysis page.

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