Coastal Greenland Revises FY2025 Interim Revenue to HK$103.96 Million, Adds HK$69.02 Million Cost of Sales; Profit Unchanged

Bulletin Express

Mar 24

Coastal Greenland Limited issued a clarification announcing a reclassification in its condensed consolidated statement of profit or loss and other comprehensive income for the six months ended 30 September 2025.

Revenue has been restated from HK$34.94 million to HK$103.96 million after reversing a prior offset relating to property sales. Concurrently, cost of sales, previously unrecorded, is now recognised at HK$69.02 million.

Management confirmed the adjustment is purely a reclassification; total gross profit and the previously reported profit (loss) for the period remain unchanged. All other disclosures in the 2025 Interim Results Announcement (dated 30 November 2025) and the 2025 Interim Report (dated 31 December 2025) are unaffected.

The Board emphasised that the restatement has no impact on the company’s financial performance metrics for the reporting period.

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