Paladin Limited (495) has released its Annual Report for the year ended 30 June 2025. The principal activities include property investment and the development of high technology systems and applications.

According to the report, the Group posted a loss of approximately HK$145 million for the year, compared to a loss of about HK$133 million in 2024. Management attributed this to a fair value decrease of roughly HK$111 million on investment properties, along with an impairment charge of HK$16 million on leasehold land and buildings.

Revenue from property investment, comprising rental income, was approximately HK$9 million, while overall turnover reached around HK$44 million when including the technology segment. In the technology division, key subsidiaries Pexray Oy, Navigs Oy, and Dynim Oy continued to develop products and solutions, such as portable digital x-ray inspection devices and advanced positioning systems.

As of 30 June 2025, the Group’s net current liabilities stood at around HK$109 million, with cash and bank balances of approximately HK$19 million. Gearing ratio was reported at about 28%, and the current ratio was 0.22. The directors did not recommend a final dividend for the year.

The Chairman’s Statement further noted that the Group remains committed to exploring investment opportunities to broaden its property and technology portfolios and will continue strategic investments in areas such as imaging, surveillance, navigation, and semiconductor processing.