OKG Technology Holdings Ltd. Reports 25.7% Increase in Revenue to HK$424 Million, Loss Narrows to HK$15.8 Million for Year Ending March 2025

Reuters
06-30
OKG Technology Holdings Ltd. Reports 25.7% Increase in Revenue to HK$424 Million, Loss Narrows to HK$15.8 Million for Year Ending March 2025

OKG Technology Holdings Ltd. has released its annual financial results for the year ended 31 March 2025. The company reported a revenue of approximately HK$424.0 million from continuing operations, marking an increase of about 25.7% compared to HK$337.3 million in the previous year. The loss attributable to the owners of the company for the year amounted to approximately HK$15.8 million, an improvement from the loss of approximately HK$40.3 million recorded in the year ended 31 March 2024. Basic loss per share from continuing operations for the year was approximately HK cents 0.29, compared to HK cents 0.83 in the prior year. Revenue from foundation and building construction works and ancillary services increased to HK$358.2 million from HK$266.7 million. Revenue from technology services slightly decreased to HK$3.1 million from HK$3.1 million, while trust and custody services revenue dropped to HK$0.5 million from HK$1.8 million. The board of directors has decided not to recommend a final dividend for the year, consistent with the previous year. The company is currently assessing the impact of HKFRS 18 on its future financial statements, with changes expected to affect the presentation and disclosures in the years ahead.

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. OKG Technology 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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