IPC Corporation Ltd experienced a tougher first half of 2025, recording a deepened loss after tax compared to the same period last year. This was largely driven by a considerable drop in sales revenue, primarily from its hotel operations in China. A significant reduction in other income, due to the absence of specific financial events and lower rental earnings, also weighed on performance. Despite efforts to manage expenses, the Group's overall financial health showed strain. Consequently, no dividends were declared, as the Company focuses on preserving cash for strategic opportunities.

• Explore the challenges faced by the Group's key hospitality segment, which led to a notable downturn in revenue