SAMFINE CREATION HOLDINGS GROUP LIMITED Announces First Half 2025 Unaudited Financial Results
30-Oct-2025 16:10:00 EDT
SAMFINE CREATION HOLDINGS GROUP LIMITED Announces First Half 2025 Unaudited Financial Results
GlobeNewswire October 30, 2025
HONG KONG, Oct. 30, 2025 (GLOBE NEWSWIRE) — SAMFINE CREATION HOLDINGS GROUP LIMITED (Nasdaq: SFHG) (the “Company” or “Samfine“), a printing service provider headquartered in Hong Kong, today announced its unaudited financial results for the six months ended June 30, 2025.
Overview:
Revenue was HK$82.1 million (US$10.5 million) for the six months ended June 30, 2025, representing an increase of 0.2% from HK$81.9 million for the same period in 2024.
Net loss was HK$8.5 million (US$1.1 million) for the six months ended June 30, 2025, as compared with a net income of HK$0.8 million for the same period in 2024.
Six Months Ended June 30, 2025 Financial Results
Revenue. Revenue remained relatively stable at HK$82,121,233 (US$10,461,437) for the six months ended June 30, 2025, representing a marginal increase of 0.2% compared to HK$81,934,259 for the six months ended June 30, 2024.
General and administrative expenses. General and administrative expenses increased by 81.4% to HK$20,105,220 (US$2,561,207) for the six months ended June 30, 2025 from HK$11,081,674 for the six months ended June 30, 2024, principally due to increase in legal and professional fee.
Selling and marketing expenses. Selling and marketing expenses increased by 59.3% to HK$8,720,599 (US$1,110,918) for the six months ended June 30, 2025 from HK$5,474,255 for the six months ended June 30, 2024. The overall increase in selling and marketing expenses was mainly driven by the increase in marketing and promotion expenses.
Net loss. Net loss increased by 1,120.7% to a net loss of HK$8,457,024 (US$1,077,340) for the six months ended June 30, 2025 from a net income of HK$828,511 for the six months ended June 30, 2024. The company incurred significant marketing and promotion expenses and professional fee to stimulate sales and enhance operational efficiency upon listing. However, the outbreak of the trade war hindered the achievement of sales growth as outlined in the company's original strategic plan, resulting in operating loss for the six months ended June 30, 2025.
About SAMFINE CREATION HOLDINGS GROUP LIMITED
SAMFINE CREATION HOLDINGS GROUP LIMITED is an established one-stop printing service provider which principally provides printing services in Hong Kong and the PRC. With over 20 years of experience in the printing industry, its operating subsidiaries offer a wide range of printed products such as book products, novelty and packaging products. Its operating subsidiaries' customers principally comprise of book traders located in Hong Kong whose clients are located around the world, mainly in the U.S. and Europe.
Exchange Rate Information
The Company is a holding company with operations conducted in Hong Kong and the PRC through its operating subsidiaries in Hong Kong and the PRC, Samfine HK and Samfine SZ, respectively. SFHG's reporting currency is HKD. These unaudited interim condensed consolidated financial statements contains translations of HKD into U.S. dollars solely for the convenience of the reader. Unless otherwise noted, all translations from HKD to U.S. dollars and from U.S. dollars to HKD in these unaudited interim condensed consolidated financial statements were calculated at the noon buying rate of US$1 = HK$7.8499 on June 30, 2025, as published in H.10 statistical release of the United States Federal Reserve Board. We make no representation that the HKD or U.S. dollar amounts referred to in these unaudited interim condensed consolidated financial statements could have been or could be converted into U.S. dollars or HKD, as the case may be, at any particular rate or at all.
Forward-Looking Statements
Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. The Company cautions investors that actual results may differ materially from the anticipated results, and encourages investors to read the risk factors contained in the Company's unaudited interim condensed consolidated financial statements and other reports it files with the SEC before making any investment decisions regarding the Company's securities. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law.
Rounding Amounts and Percentages
Certain amounts and percentages included in this press release have been rounded for ease of presentation. Percentage figures included in this press release have not in all cases been calculated on the basis of such rounded figures, but on the basis of such amounts prior to rounding.
For investor and media inquiries, please contact:
SAMFINE CREATION HOLDINGS GROUP LIMITED
Investor Relations
Email: 888@1398.cn
Telephone: (852) 3589 1500
SAMFINE CREATION HOLDINGS GROUP LIMITED AND ITS SUBSIDIARIES UNAUDITED INTERIM CONDENSED CONSOLIDATED BALANCE SHEETS AS OF DECEMBER 31, 2024 AND JUNE 30, 2025
As of December 31, 2024
As of June 30, 2025
As of June 30, 2025
HK$
HK$
US$
(Audited)
(Unaudited)
(Unaudited)
ASSETS
CURRENT ASSETS
Cash and cash equivalents
44,637,131
21,016,175
2,677,254
Restricted cash
14,545,723
15,125,542
1,926,845
Accounts receivable, net
– Third parties
23,167,061
32,714,913
4,167,558
– Related party
570,149
697,798
88,893
Prepayments and other current assets
21,274,088
19,313,555
2,460,357
Investment in life insurance contract, net
1,555,526
—
—
Inventories, net
11,757,137
10,380,189
1,322,334
Total current assets
117,506,815
99,248,172
12,643,241
NON-CURRENT ASSETS
Plant and equipment, net
22,700,784
21,971,397
2,798,940
Intangible assets, net
674,777
718,135
91,483
Prepayments
14,191,667
9,804,167
1,248,954
Prepayment for acquisition of plant and equipment
23,599
6,226,938
793,250
Operating lease right-of-use assets, net
6,960,066
25,901,013
3,299,534
Investment in life insurance contract, net
—
1,569,057
199,882
Deferred tax asset
1,870,819
3,611,952
460,127
Total non-current assets
46,421,712
69,802,659
8,892,170
Total assets
163,928,527
169,050,831
21,535,411
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES
Accounts and bills payables
54,392,905
49,521,638
6,308,569
Accruals and other payables
12,758,304
8,505,635
1,083,535
Bank and other borrowings
13,402,782
14,718,545
1,874,998
Due to related parties
246,185
135,973
17,321
Operating lease liabilities
2,270,289
4,585,898
584,198
Total current liabilities
83,070,465
77,467,689
9,868,621
NON-CURRENT LIABILITIES
Bank and other borrowings
3,776,763
6,930,984
882,939
Deferred tax liabilities
156,926
156,926
19,991
Operating lease liabilities
4,689,777
21,315,115
2,715,336
Total non-current liabilities
8,623,466
28,403,025
3,618,266
Total liabilities
91,693,931
105,870,714
13,486,887
COMMITMENTS AND CONTINGENCIES (Note 18)
SHAREHOLDERS' EQUITY
Ordinary shares: US$0.0000625 par value, 800,000,000 shares authorized, 20,300,000 shares issued and outstanding as of December 31, 2024
9,889
—
—
Class A Ordinary Shares: US$0.0000625 par value, 791,000,000 shares authorized, 11,300,000 shares issued and outstanding as of June 30, 2025
—
5,505
709
Class B Ordinary Shares: US$0.0000625 par value, 9,000,000 shares authorized, 9,000,000 shares issued and outstanding as of June 30, 2025
—
4,384
564
Additional paid-in capital
68,647,780
68,647,780
8,837,594
Statutory reserve
278,740
278,740
35,885
Accumulated other comprehensive income
2,860,221
2,262,766
195,323
Retained earnings (accumulated losses)
437,966
(8,019,058
)
(1,021,551
)
Total shareholders' equity
72,234,596
63,180,117
8,048,524
Total liabilities and shareholders' equity
163,928,527
169,050,831
21,535,411
SAMFINE CREATION HOLDINGS GROUP LIMITED AND ITS SUBSIDIARIES UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) FOR THE SIX MONTHS ENDED JUNE 30, 2024 AND 2025
