Allan International Reports HK$69.2M Consolidated Segment Loss for Fiscal Year Ended March 2025 Despite HK$465.2M Revenue

Reuters
06-26
Allan International Reports HK$69.2M Consolidated Segment Loss for Fiscal Year Ended March 2025 Despite HK$465.2M Revenue

Allan International Holdings Limited has announced its audited consolidated results for the year ended 31 March 2025. The Group reported a revenue of HK$465.17 million, a decrease from HK$484.76 million in 2024. The cost of sales amounted to HK$453.54 million, slightly up from HK$445.23 million in the previous year. The gross profit for the year was HK$11.64 million, a significant drop from HK$39.53 million in 2024. Other income also decreased to HK$36.11 million from HK$46.28 million. Other gains and losses registered a negative HK$1.83 million compared to a negative HK$0.72 million in the previous year. Selling and distribution expenses rose to HK$16.03 million from HK$14.02 million, while administrative expenses increased to HK$78.25 million from HK$73.19 million. The loss on fair value changes of investment properties was HK$45.26 million, a decrease from HK$69.14 million in 2024. The Group reported a loss before tax of HK$94.18 million, compared to a loss of HK$72.12 million in the previous year. Income tax expenses were HK$1.96 million, contrasting with a tax credit of HK$2.99 million in 2024. The statement did not provide any specific outlook or guidance for future periods.

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. Allan International Holdings Limited published the original content used to generate this news brief on June 26, 2025, and is solely responsible for the information contained therein.

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