MEXAN Reports Fiscal Year Results with Significant Reduction in Loss

Stock News

Jun 30

MEXAN (SEHK: 00022) has announced its annual results for the period ending March 31, 2026. The company reported revenue from continuing operations of approximately HK$44.144 million, representing a year-on-year increase of 17.4%.

The loss attributable to the company's owners was approximately HK$2.144 million, a substantial narrowing of 94.4% compared to the previous year. The basic loss per share was approximately HK0.0011.

The company stated that the increase in revenue was primarily due to the final-stage progress of renovation and construction service projects. Furthermore, the group's ongoing commitment to implementing stringent cost-control measures and strategic workforce reductions had a positive impact, contributing to an overall improvement in performance and profitability.

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