MS CONCEPT announced its annual performance, with a net loss of HKD 17.2 million, a year-on-year narrowing of 7.57%

Zhitong
2025.06.24 15:05
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MS CONCEPT announced its annual performance for the year ending March 31, 2025, with revenue of approximately HKD 253.5 million, a year-on-year increase of 12.3%. The net loss was HKD 17.2 million, a year-on-year narrowing of 7.57%; the loss per share was HKD 0.0172. The revenue growth was mainly due to an increase in the number of buffet customers and the consolidation effect of the Palais de Chine, partially offset by the closure of Hana in Causeway Bay

According to the Zhitong Finance APP, MS CONCEPT (08447) announced its annual performance for the year ending March 31, 2025, with revenue of approximately HKD 253.5 million, a year-on-year increase of 12.3%. The net loss was HKD 17.2 million, a year-on-year narrowing of 7.57%; the loss per share was HKD 0.0172.

The announcement stated that the increase in revenue was mainly due to the rise in the number of customers visiting the self-service restaurant MS; and the consolidated impact of the opening of the Polly Hall starting from February 2024, which was partially offset by the closure of Hana in Causeway Bay starting from September 2024