Great Harvest Maeta Holdings Limited Reports 4.4% Revenue Increase to US$14 Million for Year Ended March 2025, Despite Operating Loss of US$6.39 Million

Reuters
2025/06/26
Great Harvest Maeta Holdings Limited Reports 4.4% Revenue Increase to US$14 Million for Year Ended March 2025, Despite Operating Loss of US$6.39 Million

Great Harvest Maeta Holdings Limited has announced its audited consolidated final results for the year ended 31 March 2025. The company reported a revenue of $14.038 million, representing a 4.4% increase compared to the $13.452 million recorded for the previous year. Despite the rise in revenue, the company experienced a gross loss of $1.096 million, a decline from a gross profit of $510,000 in the prior year. This was primarily due to an increase in the cost of services, which rose to $15.134 million from $12.942 million. The company also reported an operating loss of $6.387 million, compared to a smaller operating loss of $530,000 in the previous year. This was influenced by a significant provision for impairment losses on property, plant, and equipment amounting to $6.944 million, a reversal from the previous year's reversal of impairment losses of $872,000. Other notable financial activities include other gains of $3.972 million, substantially up from $600,000 the previous year, largely attributed to gains on the modification of convertible bonds and the reversal of expected penalty interest for convertible bonds. Finance costs decreased to $3.996 million from $5.053 million, while finance income slightly decreased to $9,000 from $37,000. The company's business segments include chartering of vessels and property investment and development.

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. Great Harvest Maeta Holdings Limited published the original content used to generate this news brief on June 26, 2025, and is solely responsible for the information contained therein.

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免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

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