Central Development Holdings Limited Reports 21% Revenue Increase to HK$228 Million, Reduces Loss to HK$19 Million for Fiscal Year Ending March 2025

Reuters
06-27
Central Development Holdings Limited Reports 21% Revenue Increase to HK$228 Million, Reduces Loss to HK$19 Million for Fiscal Year Ending March 2025

Central Development Holdings Limited has announced its audited consolidated results for the fiscal year ended 31 March 2025. The company reported a revenue increase to HK$228.1 million from HK$188.5 million in the previous year. Gross profit rose to HK$11.3 million from HK$7.7 million in the prior year. The Group's segments include the jewelry and energy businesses, with revenues reported at HK$6.8 million and HK$221.3 million, respectively. Despite the increase in revenue, the Group posted a loss before taxation of HK$19.1 million, an improvement from the HK$30.9 million loss recorded the previous year. The segment loss for the jewelry business was HK$0.4 million, while the energy business reported a segment loss of HK$3.2 million. The financial results highlight ongoing challenges, including finance costs totaling HK$16.8 million, up from HK$12.8 million in the previous year. Other gains and losses showed a net gain of HK$6.3 million compared to a loss of HK$6.1 million in the previous year. No specific outlook or guidance for future periods was provided in the announcement.

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. Central Development Holdings Limited 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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