Wai Chun Group Reports 98.51% Increase in Sales and Integration Services Revenue, Posts HK$10.3 Million Loss for FY 2025

Reuters
2025/07/01
Wai Chun Group Reports 98.51% Increase in Sales and Integration Services Revenue, Posts HK$10.3 Million Loss for FY 2025

Wai Chun Group Holdings Limited announced its audited consolidated results for the fiscal year ending 31 March 2025. The Group reported a revenue of HK$266.3 million, a slight decrease from the previous year's HK$273.9 million. The gross profit improved to HK$2.2 million from HK$1.6 million in 2024, reflecting a rise in profitability. A significant highlight was the 98.51% increase in revenue from sales and integration services, which rose to HK$63.4 million from HK$31.9 million in the previous year. This sector's growth contributed to the overall financial performance. Despite these improvements, the Group recorded a loss before tax of HK$10.3 million. This was impacted by administrative expenses of HK$9.1 million and unallocated finance costs amounting to HK$27.9 million. The results include other gains, notably the reversal of impairment losses on trade and other receivables under the expected credit loss model, which amounted to HK$23.4 million. The company did not provide specific outlook or guidance for the upcoming year.

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. Wai Chun Group Holdings 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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