TSL Jewellery Reports Revenue Drop to HK$1.71 Billion and Narrows Loss to HK$197.75 Million for Fiscal Year Ending March 2025; EPS Improves to (79.4) HK Cents

Reuters
2025/07/02
TSL Jewellery Reports Revenue Drop to HK$1.71 Billion and Narrows Loss to HK$197.75 Million for Fiscal Year Ending March 2025; EPS Improves to (79.4) HK Cents

Tse Sui Luen Jewellery (International) Ltd. has announced its final results for the year ended 31 March 2025. The company's total revenue from contracts with customers decreased to HK$1.712 billion from HK$2.655 billion recorded in the previous year. This decline was primarily due to reduced sales in jewellery products, which dropped from HK$2.562 billion in 2024 to HK$1.604 billion in 2025. Service income, however, showed an increase, rising to HK$107.978 million from HK$92.580 million in the prior year. The company reported a loss from operations of HK$92.224 million for the year, a reduction from the HK$256.929 million loss noted in 2024. The loss attributable to owners of the company was HK$197.752 million, compared to a loss of HK$374.198 million in the previous year. Total equity attributable to owners of the company decreased to HK$354.025 million from HK$553.725 million. The company also announced a change in the composition of its nomination committee, although specific details regarding this change were not 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. TSL - Tse Sui Luen Jewellery (International) Ltd. published the original content used to generate this news brief on July 02, 2025, and is solely responsible for the information contained therein.

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