Kwan On Holdings Reports HK$654M Total Revenue with HK$156M Net Loss for Fiscal Year Ending March 2025
Kwan On Holdings Ltd. has announced its audited financial results for the fiscal year ending March 31, 2025. The Group reported a revenue of HK$316.3 million from continuing operations, down from HK$481.3 million in the previous year. The cost of sales and services rendered was HK$312.5 million, leading to a gross profit of HK$3.8 million compared to a gross loss of HK$39.8 million in the prior year. The segment results showed a total loss of HK$156.4 million, with continuing operations contributing a loss of HK$56.2 million and discontinued operations a loss of HK$100.2 million. No specific outlook or guidance has been provided in the announcement.
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