EV Dynamics Reports Sharp Revenue Drop to HK$3.012M and Loss of HK$373.9M for Fiscal Year Ending March 2025

Reuters
2025/06/30
EV Dynamics Reports Sharp Revenue Drop to HK$3.012M and Loss of HK$373.9M for Fiscal Year Ending March 2025

EV Dynamics (Holdings) Ltd. has announced its annual results for the year ended 31 March 2025. The company reported a significant decrease in revenue, with figures dropping from HK$42.239 million in 2024 to HK$3.012 million in 2025. The company also posted a gross loss of HK$1.97 million for 2025, compared to a gross profit of HK$2.701 million in the previous year. The net loss for the year amounted to HK$373.908 million, widening from a net loss of HK$326.829 million in 2024. The total comprehensive income for the year was also negative, at HK$382.370 million, compared to a negative HK$402.017 million in 2024. The company's principal activities include the development and sale of electric vehicles, as well as mining and metal and minerals trading.

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. EV Dynamics (Holdings) Ltd. published the original content used to generate this news brief on June 30, 2025, and is solely responsible for the information contained therein.

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