Peking University Resources Reports 12% Revenue Increase but Swings to Gross Loss for Year Ending March 2025

Reuters
07/01
Peking University Resources Reports 12% Revenue Increase but Swings to Gross Loss for Year Ending March 2025

Peking University Resources (Holdings) Company Limited has announced its audited consolidated results for the year ended 31 March 2025. The company's revenue saw an increase, totaling RMB 1.619 billion compared to RMB 1.441 billion in the previous year. Despite the rise in revenue, the company reported a gross loss of RMB 53 million, a significant change from the gross profit of RMB 131 million recorded for the year ended 31 March 2024. Other gains and losses, net, also declined to RMB 327 million from RMB 516 million in the previous year. The company's selling and distribution expenses increased to RMB 122 million from RMB 68 million, and administrative expenses rose to RMB 234 million from RMB 167 million. The financial results reflect increased costs and expenses, which impacted the company's profitability despite higher revenues. No specific outlook or guidance for future performance was provided 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. Peking University Resources (Holdings) Co. Ltd. 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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