K. H. Group Holdings Reports 26% Drop in Revenue for FY2025, Posts Gross Loss of HK$43.7M

Reuters
06-27
K. H. Group Holdings Reports 26% Drop in Revenue for FY2025, Posts Gross Loss of HK$43.7M

K. H. Group Holdings Limited has announced its consolidated annual results for the year ended 31 March 2025. The company's revenue for the period stood at HK$129.58 million, reflecting a decrease from the HK$175.17 million reported for the previous year. This decline in revenue contributed to a gross loss of HK$43.74 million, compared to a gross loss of HK$31.04 million in the prior year. Other income saw a significant drop to HK$5.38 million from HK$90.93 million in the previous year. The company reported a gain on bargain purchase of subsidiaries amounting to HK$40.95 million, a new item not present in the previous year's results. Administrative and other operating expenses were HK$35.38 million, slightly higher than the HK$33.58 million recorded in the previous year. The financial results also highlight impairments, with property, plant, and equipment impairments at HK$0.84 million, down from HK$1.98 million in the previous year, and a new impairment of right-of-use assets at HK$1.84 million. The company did not provide specific guidance or outlook for the coming fiscal year.

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. K. H. Group 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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