Magic Empire Global Limited Announces First Half 2025 Unaudited Financial Results

Magic Empire Global Limited (MEGL) reported its unaudited financial results for the six months ended June 30, 2025. The company experienced a significant decrease in revenue, which fell by approximately 33.8% from HK$7.7 million in the same period in 2024 to HK$5.1 million (US$0.7 million) in 2025. This decline was primarily due to a decrease in revenue from financial and independent advisory services. Additionally, the company reported a net loss of approximately HK$4.6 million (US$0.6 million) for the six months ended June 30, 2025, compared to a net income of HK$0.6 million in the same period in 2024. The increase in selling, general, and administrative expenses, primarily due to higher staff costs and professional fees, contributed to the net loss. Basic and diluted loss per share were HK$(0.90) (US$(0.11)) for the six months ended June 30, 2025, compared to earnings per share of HK$0.12 in the same period in 2024.