Carrianna Group Reports 12.7% Drop in Revenue and Reduced Loss of HK$141.9 Million for Year Ended March 2025

Reuters
06/30
Carrianna Group Reports 12.7% Drop in Revenue and Reduced Loss of HK$141.9 Million for Year Ended March 2025

Carrianna Group Holdings Company Limited has announced its consolidated financial results for the year ended 31 March 2025. The Group reported a revenue of HK$577.5 million, a decline from HK$661.9 million in the previous year. The cost of sales also decreased to HK$335.4 million from HK$398.1 million, resulting in a gross profit of HK$242.1 million, down from HK$263.8 million in the prior year. The Group's loss before tax decreased to HK$186.9 million compared to HK$264.0 million in the previous year, aided by an income tax credit of HK$45.0 million, up from HK$2.9 million. Consequently, the loss for the year narrowed to HK$141.9 million from HK$261.1 million in 2024. Segment-wise, the restaurant, food, and hotel segment generated revenue of HK$472.5 million, while the property investment and development segment contributed HK$105.0 million. Both segments reported combined segment losses of HK$57.3 million. The Group did not provide specific outlook or guidance 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. Carrianna Group Holdings Company Limited published the original content used to generate this news brief on June 30, 2025, and is solely responsible for the information contained therein.

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