Medicskin Holdings Reports 8.2% Revenue Decline to HK$45.1 Million for Fiscal Year Ending March 2025
Medicskin Holdings Ltd. reported an 8.2% revenue decline to HK$45.1 million for the fiscal year ending March 2025, down from HK$49.1 million in 2024. The decrease was attributed to fewer clients and visits, influenced by weak business confidence and intense competition. However, net other income rose by 78.9% to HK$1.8 million. The company warned that ongoing economic challenges could further impact consumer spending on its services and products, emphasizing the importance of brand reputation in the competitive medical skincare market.
Medicskin Holdings Ltd. has reported its annual results for the year ended 31 March 2025. The Group’s revenue experienced a decrease of HK$4.0 million, or 8.2%, declining from HK$49.1 million for the year ended 31 March 2024 to HK$45.1 million for the year ended 31 March 2025. This decrease was mainly due to a reduction in the number of clients served and a decline in client visits, attributed to weakening business confidence, cautious consumer spending behavior, and intense industry competition. In contrast, net other income, gains, and losses showed a significant increase of HK$0.8 million, or 78.9%, rising from HK$1.0 million to HK$1.8 million during the same period. The Group highlighted the risks associated with economic conditions, stating that any continued economic slowdown or recession could lead to reduced consumer spending on medical skincare services and products, potentially affecting the Group’s business and operational results. The report underscores the importance of the Group’s brand recognition and reputation in maintaining its market position within the medical skincare industry. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Medicskin Holdings Ltd. published the original content used to generate this news brief on June 23, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
