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.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.