Det Østasiatiske Kompagni (OKEAC) H1 2025 earnings summary

Executive summary

• Business performance in H1 2025 aligned with expectations, with declared dividends and operational results as anticipated.

• Continued active involvement in portfolio companies to optimize results and cash flows, with no disposals expected in 2025.

Financial highlights

• Dividends from investments totaled DKK 0.9m (H1 2024: DKK 1.6m); cash position at June 30, 2025 was DKK 7.5m (Dec 31, 2024: DKK 9.4m).

• EBIT for H1 2025 was DKK -1.5m (H1 2024: DKK -1.7m); net result for the period was DKK -1.3m (H1 2024: DKK -1.0m).

• Total assets at June 30, 2025 were DKK 32.5m; equity was DKK 32.4m, with a solvency ratio of 99.7%.

• Cash flow from operations was DKK -1.4m (H1 2024: DKK -1.2m); no cash flow from investing or financing activities.

Outlook and guidance

• Full-year 2025 guidance unchanged: expected operating costs of DKK -2.7m, dividends from Asian minority investments of DKK 0.9m, and year-end cash of DKK 7.5m.

• No disposals anticipated in 2025; ongoing review of divestment opportunities.