HAO BAI INTL Announces Fiscal Year Results: Net Loss Attributable to Owners Widens by 57.46% to HK$30.33 Million

Stock News
06/30

The company has released its annual financial results for the period ending March 31, 2026.

Total revenue for the group was HK$19.27 million, representing a decrease of 19.13% compared to the previous year.

The net loss attributable to the company's owners for the year was HK$30.33 million, which is an increase of 57.46% year-on-year.

The basic loss per share was 39.7 HK cents.

According to the announcement, while the food trading business the group launched in China in February 2026 delivered relatively stable performance during the year, revenue from construction management services fell short of expectations.

However, as the group has begun focusing on government-related tender projects, it anticipates a recovery in this business segment later in the financial year.

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