Fulum Group Swings to Full-Year Loss; Shares Slip 3%

MT Newswires Live

06/30

Fulum Group Holdings (HKG:1443) posted a loss attributable to owners of the company of HK$66.4 million for the year ended March 31, swinging from a profit of HK$50.6 million in fiscal 2024, according to a late-Friday Hong Kong bourse filing.

Shares of the company were down about 3% in Monday afternoon trade.

Loss per share came in at HK$0.0511, compared with earnings per share of HK$0.0389 in the prior year.

Fulum posted a revenue of HK$1.70 billion, compared with HK$1.84 billion in fiscal year 2024.

The board did not recommend a final dividend for the year.

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