i-Control Holdings Ltd. Reports HK$122.2M Revenue, Net Loss Widens to HK$12.1M for FY2025

Reuters
Jun 20
i-Control Holdings Ltd. Reports HK$122.2M Revenue, Net Loss Widens to HK$12.1M for FY2025

i-Control Holdings Ltd. has released its consolidated financial results for the year ended March 31, 2025. The Group reported total revenue from contracts with customers at HK$122.223 million, up slightly from HK$121.876 million the previous year. This increase was primarily driven by the provision of video conferencing and multimedia audiovisual solutions and maintenance services. However, the company reported a net loss before taxation from continuing operations of HK$12.088 million, widening from the HK$4.710 million loss reported in the previous year. Other income and net gain stood at HK$643,000 in 2025, compared to a net loss of HK$692,000 in 2024. Despite the increase in revenue, the company faced challenges including higher cost of sales at HK$81.422 million, up from HK$78.237 million, and an impairment loss on a loan to an investee amounting to HK$6.933 million, significantly higher than the HK$752,000 impairment loss reported the previous year. During the year, i-Control Holdings Ltd. classified an operating segment related to cloud-based IT+OT managed services as a discontinued operation. The company now focuses on a single operating segment, which is the provision of video conferencing and multimedia audiovisual solutions and maintenance services. The company has not provided specific guidance or outlook in this report.

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