International Business Settlement Holdings Posts HK$186 Million Revenue for FY 2025, Reports HK$357 Million Segment Loss

Reuters
06/27
International Business Settlement Holdings Posts HK$186 Million Revenue for FY 2025, Reports HK$357 Million Segment Loss

International Business Settlement Holdings Limited reported its audited consolidated results for the year ended 31 March 2025. The Group generated total revenue from continuing operations of HK$186.195 million, up from HK$173.689 million in the previous year. The increase was primarily driven by the sales of properties, which rose to HK$78.233 million from HK$42.259 million. The property management segment, acquired during the period, contributed HK$1.1 million. The computer equipment business, comprising leasing and trading, generated a total of HK$106.862 million in revenue, although this marked a decline from the previous year's HK$131.43 million. The Group reported a segment loss of HK$357.781 million, which includes losses from the property development and computer equipment businesses amounting to HK$130.114 million and HK$227.471 million, respectively. Additionally, unallocated corporate expenses netted out to HK$25.857 million. During the year ended 31 March 2024, the Group made strategic changes by abandoning the international business settlement segment and disposing of the contact lens business. The directors are currently assessing the impact of HKFRS 18 on future financial statements, although no material impact is anticipated.

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. International Business Settlement 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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