Hao Tian International Reports 16% Drop in Revenue and Increased Losses for Fiscal Year Ending March 2025

Reuters
06-29
Hao Tian International Reports 16% Drop in Revenue and Increased Losses for Fiscal Year Ending March 2025

Hao Tian International Construction Investment Group Ltd. has announced its audited consolidated annual results for the year ended 31 March 2025. The company reported a revenue of HK$145 million, a decrease from HK$173 million in the previous year. The gross profit also declined to HK$40 million from HK$64 million in the prior year. The company recorded other income of HK$20 million, down from HK$43 million in the previous year, while other losses, net, were reduced to HK$41 million compared to HK$174 million in the previous year. Administrative expenses decreased to HK$52 million from HK$58 million. However, the provision for impairment losses on financial assets, net, increased to HK$64 million from HK$37 million in the prior year. The company did not provide specific guidance or outlook for future periods in the reported results. There were no significant updates regarding the company's business and operations beyond the financial results.

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. Hao Tian International Construction Investment Group Ltd. published the original content used to generate this news brief on June 29, 2025, and is solely responsible for the information contained therein.

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