Medicskin Holdings Reports 8.2% Revenue Decline to HK$45.1 Million for Fiscal Year Ending March 2025
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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.
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