FDB HOLDINGS (01826) announced its annual results for the year ended December 31, 2025. The group recorded revenue of HK$407 million, a decrease of 13.2% year-on-year. It reported a loss before tax of HK$22.411 million, compared to a profit before tax of HK$9.868 million in the same period last year. The loss attributable to company owners was HK$22.406 million, a reversal from the profit of HK$9.868 million a year earlier. The loss per share was HK1.7 cents. During the year, the group recognized impairment losses under the expected credit loss model, net of a reversal of approximately HK$13.3 million (2024: impairment reversal of HK$2.3 million).