Mexan Limited has announced its consolidated results for the fiscal year ending March 31, 2025. The company reported a significant decrease in revenue from continuing operations, which fell to HK$37.6 million from HK$102.5 million in the previous year. The loss attributable to the owners of the company for the year increased by 53%, reaching HK$30.7 million compared to HK$20.2 million in 2024. The company reported a basic and diluted loss per share of 1.63 HK cents, up from a loss of 1.03 HK cents in the previous year. The gross profit from continuing operations declined sharply to HK$6.9 million from HK$28.6 million in 2024. Meanwhile, other income saw a substantial increase, rising to HK$7.9 million from HK$1.5 million in the previous year. The company also faced a substantial impairment loss on investment property amounting to HK$31.8 million, compared to HK$7.4 million in 2024. There was no dividend paid or declared during the year. The board did not provide specific guidance or outlook for the coming year.