CHINA NEW CONS announced its annual performance, with a loss attributable to shareholders of approximately HKD 31.2 million, turning from profit to loss year-on-year
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CHINA NEW CONS announced its annual results for the year ending March 31, 2025, with revenue of approximately HKD 158.5 million, an increase of about 13.3% year-on-year. However, the loss attributable to the owners of the company was approximately HKD 31.2 million, a shift from profit to loss compared to the previous year. The loss was mainly due to increased construction revenue, decreased gross profit, increased impairment losses on property and equipment, and increased fair value losses on held-for-trading securities
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