Mobicon Group Reports 16% Drop in Revenue to HK$287.3M and Posts HK$10.5M Loss for Fiscal Year Ending March 2025

Reuters
06/25
Mobicon Group Reports 16% Drop in Revenue to HK$287.<a href="https://laohu8.com/S/MMM">3M</a> and Posts HK$10.5M Loss for Fiscal Year Ending March 2025

Mobicon Group Limited has announced its audited consolidated results for the year ended 31st March 2025. The company reported a total revenue of HK$287.322 million, compared to HK$340.579 million in the previous year, indicating a decrease in sales. The sales of electronic components, electrical components, and equipment were HK$193.711 million, down from HK$223.141 million. Sales of computer products, mobile accessories, and service income fell to HK$54.109 million from HK$67.835 million, while sales of cosmetic products decreased to HK$39.502 million from HK$49.603 million. The company reported a loss for the year amounting to HK$10.480 million, a significant decline compared to a profit of HK$1.751 million in the previous period. The segment results before corporate expenses and finance costs were negative, with the electronic and electrical trading business reporting a loss of HK$3.083 million, the computer business a loss of HK$1.713 million, and the cosmetics and online retail business a loss of HK$1.321 million. Finance costs for the year were HK$2.753 million. The company has not provided specific guidance on the future financial outlook or the potential impact of new HKFRS Accounting Standards on its operations and financial position.

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. Mobicon Group Limited published the original content used to generate this news brief on June 25, 2025, and is solely responsible for the information contained therein.

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