CRTG Reports Decline in Revenue to HK$577.7 Million for Fiscal Year Ending March 2025; Net Liabilities Increase to HK$13.03 Billion

Reuters
2025/06/30
CRTG Reports Decline in Revenue to HK$577.7 Million for Fiscal Year Ending March 2025; Net Liabilities Increase to HK$13.03 Billion

China Resources and Transportation Group Limited $(CRTG)$ has announced its annual consolidated results for the year ended 31 March 2025. The company reported a total revenue of HK$577.662 million, slightly down from HK$593.148 million in the previous year. The cost of sales increased to HK$432.813 million from HK$372.738 million, resulting in a gross profit of HK$144.849 million compared to HK$220.410 million in the prior year. The company experienced a net loss due to several factors, including an impairment loss of deposits and other receivables amounting to HK$52.838 million, compared to HK$2.455 million last year. Additionally, a loss on change in fair value less costs to sell of biological assets was recorded at HK$373,000, compared to a loss of HK$13.643 million in the previous year. Key segments of the company include expressway operations and CNG gas stations operations, with expressway operations contributing the majority of the revenue at HK$576.864 million. The report did not specify any outlook or guidance for the coming periods.

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. CRTG - China Resources and Transportation Group 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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