Rykadan Capital Limited has announced its consolidated annual results for the year ended 31 March 2025. The Group reported total revenues of HK$74.451 million from continuing operations, a decrease from HK$92.590 million in the previous year. This decline was primarily attributed to a reduction in sales of completed properties, which amounted to HK$70.773 million compared to HK$92.590 million in the prior period. The Group recorded a loss before taxation from continuing operations of HK$223.831 million, with a total loss for the year from continuing and discontinued operations of HK$293.704 million, compared to a loss of HK$176.166 million in the previous year. The net assets per share attributable to owners of the Company decreased to HK$1.54 from HK$2.29 as of 31 March 2024. The Group's bank balances and cash stood at approximately HK$64 million as of 31 March 2025, down from HK$101 million in the previous year. The Board of Rykadan Capital Limited has decided not to recommend the payment of a final dividend for the year ended 31 March 2025. There was no specific guidance or outlook provided for the upcoming period.
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