Fu Shek Financial Holdings Reports 27% Drop in Revenue for FY 2025; Fee and Commission Income Falls Significantly
Reuters
Jun 27
Fu Shek Financial Holdings Reports 27% Drop in Revenue for FY 2025; Fee and Commission Income Falls Significantly
Fu Shek Financial Holdings Ltd. has announced its audited consolidated financial results for the year ended 31 March 2025. The company reported a decrease in total revenue, with fee and commission income falling from HK$25.401 million in 2024 to HK$16.026 million in 2025. Interest income also decreased from HK$19.747 million to HK$16.922 million. Other income showed a slight increase from HK$9.060 million in the previous year to HK$9.645 million in the current year. The company faced other losses amounting to HK$316,000, up from HK$161,000 in the prior year. Staff costs increased slightly to HK$11.770 million from HK$11.000 million. Impairment losses were significantly reduced to HK$8.926 million from HK$12.669 million, and commission expenses dropped from HK$18.395 million to HK$10.675 million. Fu Shek Financial Holdings Ltd. reported net current assets of HK$354.451 million, compared to HK$350.712 million in the previous year, and net assets of HK$358.416 million, up from HK$355.536 million. The company did not provide specific forward guidance for future financial periods.
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