Majestic Dragon Aerotech Holdings Limited Reports Year-End Results: Significant Variation in Revenue from Sales of Unmanned Aerial Vehicles and Garment Products for FY 2025

Reuters
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Majestic Dragon Aerotech Holdings Limited Reports Year-End Results: Significant Variation in Revenue from Sales of Unmanned Aerial Vehicles and Garment Products for FY 2025

Majestic Dragon Aerotech Holdings Limited has announced its audited consolidated results for the year ended 31 March 2025. The company's revenue from continuing operations was reported at HK$118.791 million, a significant decrease from the HK$245.978 million recorded in the previous year. The cost of sales also decreased to HK$93.283 million from HK$190.629 million. The company achieved a gross profit of HK$25.508 million, down from HK$55.349 million the previous year. The group reported other gains and losses amounting to HK$0.630 million, compared to a loss of HK$2.290 million in the previous year. The other income for the year was HK$1.709 million, slightly down from HK$2.550 million. Selling and distribution expenses were reduced to HK$13.819 million from HK$16.166 million, while administrative expenses increased slightly to HK$32.343 million from HK$30.956 million. There was a reversal in impairment losses under the expected credit loss model, resulting in a net gain of HK$3.591 million, whereas the previous year saw a loss of HK$69.596 million. The company also recorded an impairment loss on intangible assets amounting to HK$1.551 million, with no corresponding loss in the previous year. Majestic Dragon Aerotech Holdings Limited is primarily engaged in the wholesale of consumer products including watch products, garment and sportswear products, the sale of unmanned aerial vehicles and related parts, and property investment. The announcement did not include any specific outlook or guidance for the upcoming year.

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. Majestic Dragon Aerotech 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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