Great Harvest Maeta Holdings Limited Reports 4.4% Revenue Increase to US$14 Million for Year Ended March 2025, Despite Operating Loss of US$6.39 Million

Reuters
2025/06/26
Great Harvest Maeta Holdings Limited Reports 4.4% Revenue Increase to US$14 Million for Year Ended March 2025, Despite Operating Loss of US$6.39 Million

Great Harvest Maeta Holdings Limited has announced its audited consolidated final results for the year ended 31 March 2025. The company reported a revenue of $14.038 million, representing a 4.4% increase compared to the $13.452 million recorded for the previous year. Despite the rise in revenue, the company experienced a gross loss of $1.096 million, a decline from a gross profit of $510,000 in the prior year. This was primarily due to an increase in the cost of services, which rose to $15.134 million from $12.942 million. The company also reported an operating loss of $6.387 million, compared to a smaller operating loss of $530,000 in the previous year. This was influenced by a significant provision for impairment losses on property, plant, and equipment amounting to $6.944 million, a reversal from the previous year's reversal of impairment losses of $872,000. Other notable financial activities include other gains of $3.972 million, substantially up from $600,000 the previous year, largely attributed to gains on the modification of convertible bonds and the reversal of expected penalty interest for convertible bonds. Finance costs decreased to $3.996 million from $5.053 million, while finance income slightly decreased to $9,000 from $37,000. The company's business segments include chartering of vessels and property investment and development.

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. Great Harvest Maeta 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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免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

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