DAISHOMICROLINE Group announced its annual performance, reporting a net loss of HKD 21.126 million, an increase of 77.93% year-on-year
DAISHOMICROLINE announced its annual results for the year ending March 31, 2025, with revenue of HKD 53.097 million, a year-on-year decrease of 37.96%; a net loss of HKD 21.126 million, a year-on-year increase of 77.93%; and a loss per share of HKD 1.31. The increase in net loss was mainly due to a decrease in gross profit, impairment losses on property and equipment, and losses from the sale of subsidiaries
According to the Zhitong Finance APP, DAISHOMICROLINE (00567) announced its annual performance for the year ending March 31, 2025, with revenue of HKD 53.097 million, a year-on-year decrease of 37.96%; a net loss of HKD 21.126 million, a year-on-year increase of 77.93%; and a loss per share of HKD 1.31.
The announcement stated that the increase in net loss was mainly due to the following factors: the group's gross profit decreased to approximately HKD 10.2 million, a decrease of about HKD 7.5 million compared to last year; impairment losses on properties, machinery, and equipment amounted to approximately HKD 4 million this year, whereas there were no such losses last year; losses from the sale of subsidiaries amounted to approximately HKD 3.1 million this year, whereas there were no such losses last year, offset by a decrease in administrative expenses of about HKD 3 million compared to last year
