SHIFANG HLDG (01831) announced its annual results for the year ended June 30, 2025, reporting revenue of HK$71.312 million, representing a year-over-year increase of 189.91%. The loss attributable to owners of the company amounted to HK$45.84 million, up 185% compared to the previous year, with a loss per share of HK$0.043. According to the announcement, the increased loss during the year was primarily due to (i) impairment loss on intangible assets; and (ii) impairment loss on property, plant and equipment.