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LONDON - Worldsec Limited reported a narrowed net loss of US$97,000 for the six months ended June 30, 2025, compared to a loss of US$146,000 in the same period last year, according to the company’s interim report released Tuesday.
The investment holding company saw its dividend income increase significantly to US$151,000, up from US$48,000 in the first half of 2024, primarily due to dividends received from its investment in ByteDance Ltd. through the Homaer Asset Management Master Fund SPC following ByteDance’s partial share buybacks.
This improvement was partially offset by a reduction in positive fair value changes in the company’s financial assets. Cash and cash equivalents decreased by US$224,000 during the period, reflecting the use of funds for working capital and operating activities.
Worldsec’s investment portfolio currently comprises six investments, including stakes in the ICBC Specialised Ship Leasing Investment Fund, Animoca Brands Corporation, ByteDance, Dingdong (Cayman) Limited, Seyond Holdings Ltd., and a 50% joint venture in Oasis Education Group Limited.
The company’s basic and diluted loss per share improved to 0.11 US cents from 0.17 US cents in the corresponding period last year.
Looking ahead, Worldsec noted that global economic growth is projected to decelerate to between 2.6% and 3.0% in 2025, down from an estimated 3.3% in 2024, amid ongoing geopolitical tensions, trade restrictions, and tariff policies.
The company highlighted that two of its portfolio companies, ByteDance and Animoca, are "at the forefront of developing AI and blockchain-related technologies" and are well-positioned to benefit from digital advancements.
The interim report was approved by Worldsec’s board of directors on September 30, 2025, based on a press release statement.
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