ITC Properties Group Reports 258.4% Increase in Revenue to HK$398 Million, Net Loss Widens to HK$813 Million for FY2025

Reuters
2025/06/27
ITC Properties Group Reports 258.4% Increase in Revenue to HK$398 Million, Net Loss Widens to HK$813 Million for FY2025

ITC Properties Group Limited has released its annual results for the year ended 31 March 2025. The company reported a notable increase in revenue, growing by 258.4% to HK$398.1 million from HK$111.1 million in the previous year. Despite this increase in revenue, the company experienced a loss for the year attributable to owners of the company amounting to HK$813 million, compared to a loss of HK$645 million in the prior year. The company attributed the increase in revenue primarily to the sale of its stock of properties in Hong Kong and the United Kingdom. However, the ongoing geopolitical tensions and persistent inflation have led to a slowdown in the global economy, affecting business activities. Additionally, ITC Properties Group Limited has taken steps to improve its liquidity and secure funds, including disposing of stock properties and joint ventures holding properties, to meet its financial obligations and commitments.

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

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。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10