Green Economy Development Ltd. Reports FY2025 Turnover of HK$2,833M, Slight Increase in Profit from Operations to HK$49.6M

Reuters
07/30
<a href="https://laohu8.com/S/01315">Green Economy</a> Development Ltd. Reports FY2025 Turnover of HK$2,833M, Slight Increase in Profit from Operations to HK$49.6M

Green Economy Development Limited has announced its financial results for the fiscal year ending March 31, 2025. The Group reported a total turnover of approximately HK$2,833 million, a decrease from the HK$2,935 million recorded in the financial year ending March 31, 2024. Despite a reduction in gross profit by approximately HK$26.3 million, from HK$84.9 million in the previous year to HK$58.6 million in 2025, this was mitigated by a decrease in administrative and selling expenses by approximately HK$17.5 million and an increase in other gains and losses of approximately HK$9.3 million. The profit from operations amounted to approximately HK$49.6 million, compared to HK$48.2 million in the prior year. Significantly, the company announced its intent to subscribe up to HK$11.6 million in investor shares of Bayzed Health Group Inc. as part of its initial public offering, underscoring a strategic investment move post-reporting period. Looking ahead, the Group aims to continue balancing shareholder expectations with prudent capital management while maintaining a sustainable dividend policy.

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. Green Economy Development Ltd. published the original content used to generate this news brief on July 30, 2025, and is solely responsible for the information contained therein.

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