Standard Development Group Limited has announced its consolidated financial results for the fiscal year ended March 31, 2025. The Group reported total revenue of approximately HK$301.03 million, a significant decline from HK$489.79 million in the previous year. The construction and engineering-related business contributed HK$125.94 million to the revenue, down from HK$201.10 million, while the petroleum business reported sales of HK$98.66 million, compared to HK$222.97 million in the prior year. The Group recorded a gross profit of HK$763,000, a decrease from HK$3.82 million in 2024. The results also included a notable fair value loss on biological assets and impairment losses recognized under the expected credit loss model, totaling HK$6.34 million. Selling expenses increased slightly to HK$3.03 million, while administrative and other operating expenses rose to HK$31.30 million from HK$22.53 million. The Group faces challenges due to the current economic environment, including trade conflicts, geopolitical tensions, and high interest rates impacting its traditional business segments in Hong Kong and China. The construction and engineering sector, in particular, is experiencing a downturn, prompting the Group to exercise caution in further investments or resource allocation in this area. In response to these challenges, the Group is considering several strategic measures, including negotiating with creditors, reviewing existing investments, potentially terminating loss-making businesses, and exploring financial tools such as new loans or issuing debt. Additionally, the Group has unutilized standby loan facilities of up to HK$54 million from financial institutions in Hong Kong and the PRC.