Beisen Holding Ltd. Reports 10.6% Increase in Revenue and 95.4% Reduction in Net Loss for FY 2025
Reuters
Jun 19
Beisen Holding Ltd. Reports 10.6% Increase in Revenue and 95.4% Reduction in Net Loss for FY 2025
Beisen Holding Ltd. has announced its annual results for the year ended 31 March 2025. The company reported a revenue increase of 10.6% to RMB 945.1 million, compared to RMB 854.7 million in the previous year. The gross profit rose by 19.1% to RMB 613.5 million from RMB 514.9 million. The adjusted gross profit, a non-IFRS measure, increased by 14.3% to RMB 625.4 million from RMB 546.9 million. The loss for the year significantly decreased by 95.4% to RMB 147.4 million, down from RMB 3,208.6 million in the prior year. Additionally, the adjusted net loss, another non-IFRS measure, was reduced by 72.4% to RMB 29.1 million from RMB 105.4 million. The company highlighted that all revenues for the reported years were generated within the PRC, and all long-lived assets are located there as well. Beisen Holding Ltd. is primarily engaged in providing cloud-based HCM solutions and related professional services. The industry review noted an acceleration in digital transformation and domestic substitution in 2024. No specific future guidance or outlook was provided in the announcement.
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