HKC International Holdings Ltd. has announced its audited consolidated results for the year ended 31 March 2025. The Group reported total revenue of HK$85.561 million, a significant decrease from HK$176.302 million in the previous year. The cost of sales also decreased to HK$53.863 million from HK$130.929 million in 2024, resulting in a gross profit of HK$31.698 million compared to HK$45.373 million the previous year. The segment revenues revealed that sales of mobile phones in Hong Kong generated HK$5.921 million, while sales of IOT solutions in Hong Kong contributed HK$75.018 million. Sales of IOT solutions in Mainland China and other countries in South East Asia amounted to HK$3.129 million, and property investment revenue was HK$1.493 million. The report indicates a total segment loss of HK$8.453 million for the year. Notably, the company recorded a fair value loss on investment properties amounting to HK$18.300 million, slightly increased from the HK$18.090 million loss reported in the previous year. Additionally, there was a fair value gain on financial assets at fair value through profit and loss of HK$5, marking an improvement from a loss of HK$332 in 2024. The document does not provide specific outlook or guidance for the upcoming year.
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