Starlite Holdings Reports Revenue Increase to HK$895.3M but Posts Operating Loss of HK$22.2M for Fiscal Year Ending March 2025

Reuters
06-27
Starlite Holdings Reports Revenue Increase to HK$895.<a href="https://laohu8.com/S/MMM">3M</a> but Posts Operating Loss of HK$22.2M for Fiscal Year Ending March 2025

Starlite Holdings Limited has released its annual financial results for the year ended 31st March 2025. The company reported a revenue of HK$895.3 million, marking an increase from HK$834.7 million in the previous year. Despite the growth in revenue, the company faced a net loss of HK$27.3 million for the year, compared to a net profit of HK$17.0 million in the previous year. The decline in profitability is attributed to increased cost of sales, which rose to HK$760.5 million from HK$663.5 million, and additional expenses including selling, distribution, and administrative costs. Furthermore, the company reported an impairment loss on investment property amounting to HK$2.6 million. Starlite Holdings did not provide specific outlook or guidance for the upcoming fiscal period within the released document.

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. Starlite Holdings Limited published the original content used to generate this news brief on June 27, 2025, and is solely responsible for the information contained therein.

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