Continental Holdings Limited (Stock Code: 00513) released its Annual Report for the year ended 30 June 2025. The Group is active in four segments: (1) Jewellery Business, (2) Property Investment and Development, (3) Mining Operation, and (4) Investment. Below are the key points extracted from the report.

Continental Holdings Limited recorded revenue of HK$585.8 million, up from HK$360.4 million in the prior year. Among these segments, the Jewellery Business generated HK$340.1 million, while property sales and rental income contributed HK$244.4 million. In the same period, the Group noted an overall net loss of HK$330.6 million, versus a HK$300.3 million loss in the prior year; of this, HK$259.1 million was attributable to the owners of the Company.

Jewellery segment revenue slightly increased by HK$6.2 million year-on-year, reaching HK$340.1 million. This segment reported a HK$19.9 million profit, compared to the previous HK$23.7 million loss. Property activities included the sale of residential units in Amber Place (恒珀), driving development revenue of HK$221.3 million, and rental income of HK$23.1 million. Investment properties, primarily office floors and retail spaces in Hong Kong, saw a fair value loss of HK$276.1 million. Meanwhile, the mining operation reported an impairment loss on mining right of HK$26.6 million, reflecting changes in market gold prices.

During the year, net current liabilities stood at HK$388.5 million. The Group’s gearing ratio was 35.85%, derived from net debts of HK$921.5 million over total equity plus net debts. At year-end, total assets reached HK$2,829.1 million, while equity attributable to the owners was HK$1,562.5 million. Cash and cash equivalents were HK$36.4 million, reflecting repayments of certain bank loans and higher finance costs. No dividend was recommended for the year.

In 2025, Hong Kong property operations included sales of Amber Place units and the leasing of “One Continental (恒匯中心)” as part of an office and retail portfolio. The Group also held properties under development in Boundary Street and other rental properties in Yuen Long and Tsim Sha Tsui. The mining segment, comprising Hongzhuang Gold Mine and related exploration assets, noted continued volatility but remained engaged in disposal negotiations.

The Board emphasized that it will manage liquidity through debt agreements and cost control. Since the period’s end, the Group has been proceeding with the proposed disposal of certain mining assets for RMB33.37 million, expecting to further streamline operations. The directors approved the Annual Report on 29 September 2025 and stated that no major changes were made to the core strategies during the year.