ORIENTAL PAY Reports Annual Financial Results with Narrowed Net Loss

Stock News
Jun 25

ORIENTAL PAY (08613) has released its full-year financial results for the period ending March 31, 2026. The company reported a significant decrease in revenue of approximately 56.8% to about HK$15.2 million. The net loss attributable to the company's equity holders was approximately HK$32.317 million, which represents a narrowing of 5.54% compared to the previous year. The loss per share was 1.68 HK cents.

The announcement indicated that the slight reduction in the net loss was primarily due to the combined net effect of several factors during the fiscal year. These factors included: (i) a decrease in revenue and gross profit; (ii) a reduction in general and administrative expenses; (iii) lower sales and distribution costs; and (iv) an increase in financing costs.

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