--- title: "NEW AMANTE announced its annual performance, with a loss attributable to owners of HKD 4.882 million, a year-on-year decrease of 71.52%" type: "News" locale: "en" url: "https://longbridge.com/en/news/255056674.md" description: "NEW AMANTE announced its annual results for the year ending May 31, 2025, with revenue of approximately HKD 38.838 million, a decrease of 56.5% year-on-year. The loss attributable to the company's owners was HKD 4.882 million, a decrease of 71.52% year-on-year. The decline in revenue was mainly due to the closure of the evening club \"FAYE\" on August 4, 2024, while the improvement in losses was attributed to reduced marketing and employee costs due to the closure, as well as a decrease in property rental and related expenses from the sale of the Wanchai Amante Shop and the reversal of trade receivables from last year" datetime: "2025-08-28T16:13:10.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/255056674.md) - [en](https://longbridge.com/en/news/255056674.md) - [zh-HK](https://longbridge.com/zh-HK/news/255056674.md) --- # NEW AMANTE announced its annual performance, with a loss attributable to owners of HKD 4.882 million, a year-on-year decrease of 71.52% According to the Zhitong Finance APP, NEW AMANTE (08412) announced its annual performance for the year ending May 31, 2025, with revenue of approximately HKD 38.838 million, a year-on-year decrease of about 56.5%. The loss attributable to the company's owners was HKD 4.882 million, a year-on-year decrease of 71.52%. The announcement stated that the decrease in revenue was mainly due to the closure of the evening club "FAYE" on August 4, 2024, due to the expiration of the lease. The improvement in loss was mainly due to the reduction in operating expenses such as marketing costs and employee costs resulting from the closure of the evening club "FAYE"; the reversal of trade receivables written off in the same period last year; and the sale of the Wanchai Amante Shop, which led to a reduction in property rent and related expenses ### Related Stocks - [08412.HK](https://longbridge.com/en/quote/08412.HK.md) ## Related News & Research - [Sundart Holdings places 22,000,000 new shares at HK$ 0.66 each](https://longbridge.com/en/news/287197074.md) - [SIHL shareholders approve HK 0.5 final dividend, HK 0.2 special dividend](https://longbridge.com/en/news/287184033.md) - [SIHL leases Hong Kong property to run student hostel, rent up to HK$ 36 million](https://longbridge.com/en/news/287197313.md) - [Club Med IPO Could Raise At Least $500 Million](https://longbridge.com/en/news/286951033.md) - [GWM launches Wey V9X flagship SUV to step up efforts in premium NEV market](https://longbridge.com/en/news/286780461.md)