Shentong Robot Education Reports 34.8% Revenue Drop and HK$7.13M Loss for Fiscal Year Ending March 2025
Reuters
Jun 20
Shentong Robot Education Reports 34.8% Revenue Drop and HK$7.13M Loss for Fiscal Year Ending March 2025
Shentong Robot Education Group Co. Ltd. has announced its audited consolidated financial results for the year ended 31 March 2025. The company reported a consolidated revenue of approximately HK$10.829 million, marking a decrease of about 34.8% compared to HK$16.602 million for the previous year. The Group recorded a loss of approximately HK$7.13 million for the year ended 31 March 2025, which is an increase from the loss of approximately HK$4.155 million reported for the year ended 31 March 2024. The revenue from robotics courses was HK$10.293 million, down from HK$16.29 million in the previous year. Revenue from competition admission also decreased to HK$217,000 from HK$312,000. Despite the financial downturn, the company is optimistic about the future, driven by educational reforms and the development of the robotics industry in China. The Group plans to actively participate in national strategies for robotics education and aims to contribute to cultivating the robotics industry and professionals, particularly in Heilongjiang Province.
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