--- title: "Addentax swings to profit in Q1 FY27; revenue more than doubled to $3.44 million" type: "News" locale: "en" url: "https://longbridge.com/en/news/295973978.md" description: "Addentax Group swung to a net profit of $2.39 million in Q1 FY27, reversing prior-year losses. Revenue more than doubled by 316% year-over-year to $3.44 million, driven by consulting services ($2.54 million) and financing services following the Time Is Loan acquisition. However, operating loss widened 90.5% to $676,071 as gross margin fell to 12.1%. Logistics revenue declined 10.6%, while garment manufacturing recorded no revenue." datetime: "2026-08-14T20:39:54.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/295973978.md) - [en](https://longbridge.com/en/news/295973978.md) - [zh-HK](https://longbridge.com/zh-HK/news/295973978.md) generator: "portal-rs" --- # Addentax swings to profit in Q1 FY27; revenue more than doubled to $3.44 million - Addentax Group reported net income of USD 2.39 million, swinging from a net loss in the prior-year quarter. \* Revenue rose to USD 3.44 million, up 316% year over year. \* Operating loss widened to USD 676,071, up 90.5% year over year; gross margin fell 10.9 percentage points to 12.1%. \* Consulting services generated USD 2.54 million of revenue, while financing services added USD 172,185 following the Time Is Loan acquisition. \* Logistics revenue slipped 10.6% to USD 721,196 on lower delivery volume and demand; garment manufacturing recorded no revenue. 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. Addentax Group Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-038442), on August 14, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here ### Related Stocks - [ATXG.US](https://longbridge.com/en/quote/ATXG.US.md) ## Related News & Research - [Addentax Group director, 10% owner Hong Zhihao files initial beneficial ownership statement](https://longbridge.com/en/news/296359680.md) - [Addentax director Hong Zhiwang acquires common shares worth $1.05 million](https://longbridge.com/en/news/296370702.md) - [Hong Zhiwang Discloses Investment at Addentax Group Corp. with 10.7% Stake](https://longbridge.com/en/news/296494178.md) - [Corpay Director Steven T. Stull sells USD 1.9 million in common shares](https://longbridge.com/en/news/296535413.md) - [Birks Group announces annual shareholder meeting](https://longbridge.com/en/news/296825575.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**