Yau Lee Holdings Reports 23% Revenue Increase to HK$9.62 Billion, Faces HK$101.18 Million Loss, EPS Drops to HK22.57 Cents

Reuters
25 Jun
Yau Lee Holdings Reports 23% Revenue Increase to HK$9.62 Billion, Faces HK$101.18 Million Loss, EPS Drops to HK22.57 Cents

Yau Lee Holdings Limited has announced its annual results for the year ended 31 March 2025. The Group reported a revenue of HK$9.623 billion, marking an increase from the previous year's HK$7.812 billion. However, the company recorded a loss of HK$101.178 million for the year, contrasting with a profit of HK$65.801 million in 2024. The gross profit also saw a significant decline to HK$134.941 million from HK$682.482 million in the previous year. The company's revenue from construction projects rose to HK$7.235 billion from HK$5.604 billion, and electrical and mechanical installation revenue increased to HK$2.250 billion from HK$2.080 billion. Building materials supply contributed HK$96.586 million, up from HK$86.295 million the previous year. Despite the increase in revenue, the Group's financial performance was affected by higher costs and expenses, leading to the reported loss. The net asset value attributable to equity holders decreased to HK$1.376 billion, equivalent to HK$3.14 per share, down from HK$1.505 billion or HK$3.44 per share as of 31 March 2024. No specific outlook or guidance was provided in the announcement. The Group remains engaged in its key business areas, including building construction, plumbing, electrical and mechanical installation, building materials supply, property investment, and hotel operations.

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