G-Vision International Reports Slight Revenue Increase to HK$50.23M, Loss Narrows to HK$5.44M for Fiscal Year Ending March 2025

Reuters
06/19
G-Vision International Reports Slight Revenue Increase to HK$50.23M, Loss Narrows to HK$5.44M for Fiscal Year Ending March 2025

G-Vision International (Holdings) Ltd. has announced its audited consolidated results for the year ended 31 March 2025. The company reported a revenue of HK$50.23 million, marking a slight increase from the HK$49.55 million recorded in the previous year. The cost of sales also rose to HK$14.37 million from HK$13.81 million, resulting in a gross profit of HK$35.86 million, marginally up from HK$35.74 million in the prior year. The company noted a loss from operations amounting to HK$5.09 million, compared to a loss of HK$5.73 million in the previous year. After accounting for finance costs of HK$356,000, the loss before tax stood at HK$5.44 million, an improvement from the previous year's loss of HK$6.23 million. No income tax expense was reported for either year. The business segment focuses on the operation of restaurants, with all operations and revenue generation occurring within Hong Kong. There is no report of any significant geographical expansion or major changes in operations, and no single customer contributed over 10% to the total revenue. The company is in the process of assessing the impact of upcoming financial reporting standards on its future financial statements.

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. G-Vision International (Holdings) Ltd. published the original content used to generate this news brief on June 19, 2025, and is solely responsible for the information contained therein.

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