Champion Tech (00092) Reports Annual Results with Shareholder Loss of HK$44.226 Million, Expanding 256.1% Year-over-Year

Stock News
Sep 30

Champion Tech (00092) announced its annual results for the year ended June 30, 2025, reporting revenue of HK$57.311 million, a decrease of 72.5% year-over-year. The loss attributable to owners of the company was HK$44.226 million, representing an expansion of 256.1% compared to the previous year. Basic loss per share was HK$5.03 cents.

The comprehensive reasons for the increased loss during the year were due to reduced contributions from smart city solutions and renewable energy businesses, as well as fair value gains on financial assets at fair value through profit or loss of approximately HK$19.4 million (2024: fair value loss of HK$19.5 million).

The gross profit margin for the year increased from approximately 5.5% in the same period last year to 7.4% in the current year, primarily attributable to the reduction in smart city solutions with lower profit margins during the year.

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