Rykadan Capital's Fiscal 2025 Loss Widens; Shares Rise 5%

MT Newswires Live

06/30

Rykadan Capital's (HKG:2288) attributable loss widened to HK$281.4 million in the fiscal year ended March 31 from HK$173.9 million in fiscal 2024, according to a Friday filing with the Hong Kong bourse.

Shares in the property developer jumped 5% during afternoon trading on Monday.

Basic loss per share widened to HK$0.749 from HK$0.463 in the previous fiscal year.

Revenue from continuing operations slid to HK$74.5 million from HK$103.3 million in fiscal 2024.

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