ITE (Holdings) Limited Reports Stable Revenues at HK$12,708k and Slight Profit Increase to HK$2,063k for Fiscal Year Ended March 2025

Reuters
06-16
ITE (Holdings) Limited Reports Stable Revenues at HK$12,708k and Slight Profit Increase to HK$2,063k for Fiscal Year Ended March 2025

ITE (Holdings) Limited has announced its audited consolidated results for the year ended 31 March 2025. The company's revenue for the period was HK$12.708 million, a slight decrease from the HK$12.727 million reported in the previous year. The cost of services rendered decreased to HK$3.662 million from HK$4.501 million, contributing to a gross profit of HK$8.906 million, up from HK$8.143 million in the prior year. Net profit for the year attributable to owners of the company was HK$2.063 million, a marginal increase from HK$2.001 million in 2024. The company's income tax for 2025 was nil, compared to HK$87,000 in the previous year. The results showed no other comprehensive income for the year, compared to HK$13,000 in exchange differences on the translation of foreign operations in 2024. No outlook or guidance for future periods 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. ITE (Holdings) Limited published the original content used to generate this news brief on June 16, 2025, and is solely responsible for the information contained therein.

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