TOM Group's losses last year narrowed to 200 million yuan.

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TOM Group (02383) announced that for the year ending December 31 last year, the attributable loss to shareholders was HKD 205 million, with a loss of HKD 5.18 cents per share; no final dividend will be paid. The attributable loss for the same period in 2024 was HKD 256 million.

During the period, revenue from continuing operations was HKD 735 million, an increase of 0.53% year-on-year. Gross profit margin improved from 41.7% to 43.2%.

In 2025, TOM Group will continue investing in rural e-commerce and supply chain, fintech, and advanced big data analytics in China, while also promoting digital development in the publishing business. Due to various factors including resource efficiency and capital allocation, the group sold its social media business Pixnet in the first half of last year. Financially, the group prioritizes strengthening its balance sheet by reducing its debt-to-asset ratio and improving net assets.

The group invested in China Post’s e-commerce operation, Yoolook, continuing to develop its rural e-commerce business. Yoolook reported a net loss of RMB 29 million last year, with a net loss of RMB 11 million projected for 2024.

Despite facing challenging geopolitical and economic uncertainties, Taiwan’s publishing group demonstrated resilience. Last year, total revenue increased by 1.8% to HKD 715 million, and segment profit rose by 2.9% to HKD 61 million. The Taiwanese publishing market still faces ongoing challenges, but the group aims to seek growth and development by diversifying revenue streams and accelerating digital integration in publishing.

Looking ahead, management will selectively pursue growth opportunities while maintaining stable business performance. The group will closely monitor operations, capital expenditure, and investments, and implement strict cash flow and working capital management to maintain a prudent financial position.

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