China Investment and Finance Group Limited Reports 22.9% Increase in Revenue for Fiscal Year Ended March 2025

Reuters
18 Jun
China Investment and Finance Group Limited Reports 22.9% Increase in Revenue for Fiscal Year Ended March 2025

China Investment and Finance Group Limited has announced its audited consolidated annual results for the year ended 31 March 2025. The Group reported a revenue of HK$6.538 million, an increase from the HK$5.318 million recorded in the previous year. The financial results also highlighted a net realised loss on the disposal of listed equity investments at fair value through profit or loss amounting to HK$3.365 million, a significant decrease compared to the previous year's loss of HK$45.662 million. Additionally, the Group recorded a net unrealised loss of HK$3.185 million on listed equity investments at fair value through profit or loss, contrasting with the previous year's gain of HK$13.201 million. A net reversal of impairment losses under the expected credit loss model was documented at HK$407,000, a substantial shift from the previous year's provision of HK$2.728 million. The Group's operations continue to be focused on investment holding, with all activities and revenue derived from Hong Kong. No updates on major customers were provided, as these are not applicable to the nature of the Group's business operations. No outlook or future guidance was included in the announcement.

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