Century Group Reports 66.6% Revenue Drop and HK$1.6 Million Loss for FY2025, EPS Falls to HK Cent 0.2

Reuters
06/27
Century Group Reports 66.6% Revenue Drop and HK$1.6 Million Loss for FY2025, EPS Falls to HK Cent 0.2

Century Group International Holdings Ltd. has announced its audited consolidated financial results for the year ended 31 March 2025. The Group reported a significant decline in revenue from continuing operations, amounting to approximately HK$15.9 million, down 66.6% from HK$47.5 million in the previous year. The gross loss from continuing operations decreased to approximately HK$3.4 million, a reduction of HK$2.0 million or 36.2% compared to the previous year's HK$5.4 million. The loss attributable to owners of the Company for the year ended 31 March 2025 was approximately HK$1.6 million, a substantial improvement from the HK$12.9 million loss reported in 2024. The Group's net other income, other gains, and losses increased significantly to HK$7.6 million, up from HK$3.3 million in the prior year, mainly due to a written-off on other payables and a reversal of provision for onerous contracts. During this period, the Group ceased operations of its Trading Segment, focusing solely on construction and site formation. Looking ahead, the Group plans to broaden its project scope to include redevelopment, renewal, and refurbishment projects to enhance its market competitiveness and positioning.

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. Century Group International Holdings Ltd. published the original content used to generate this news brief on June 27, 2025, and is solely responsible for the information contained therein.

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