Annual Results for CHINA IN-TECH Show Narrowed Loss Attributable to Shareholders

Stock News
Jun 29

CHINA IN-TECH (00464) has announced its annual results for the period ending March 31, 2026. The group recorded revenue of HK$76.797 million, representing a decrease of 27.41% year-on-year. The loss attributable to the company's owners was HK$30.487 million, which narrowed by 38.7% compared to the previous year. The loss per share was 4.51 Hong Kong cents.

The announcement stated that the reduction in annual loss was primarily due to decreases in the cost of sales and operating expenses. This improvement was notably driven by the planned optimization of the operational structure and enhanced efficiency, leading to a reduction in employee costs. The total employee cost (excluding directors' remuneration) as a percentage of revenue decreased from approximately 42.0% in the previous financial year to about 30.4% in the current year.

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