Southeast Asia Properties & Finance Ltd. Reports 20.6% Revenue Increase to HK$232.26M for Fiscal Year Ended March 2025, Achieves HK$71.72M Gross Profit

Reuters
27 Jun
Southeast Asia Properties & Finance Ltd. Reports 20.6% Revenue Increase to HK$232.26M for Fiscal Year Ended March 2025, Achieves HK$71.72M Gross Profit

Southeast Asia Properties & Finance Ltd. has announced its annual results for the year ended 31 March 2025. The Group reported a consolidated revenue of HK$232.3 million, an increase from the previous year's HK$192.7 million. The gross profit also rose to HK$71.7 million, up from HK$64.4 million in 2024. The segment revenue from the manufacturing and distribution of plastic packaging materials significantly increased to HK$206.9 million from HK$166.6 million in the previous year, contributing to the overall revenue growth. Despite these increases, the Group incurred a loss arising from the change in fair value of investment properties, amounting to HK$36.6 million, although this was a marked improvement from the previous year's loss of HK$193.9 million. The Group also recorded a gain from financial assets at fair value through profit or loss of HK$6.5 million, compared to a loss of HK$7.3 million in 2024. The results highlight the Group's diversified operations, including property investment, development and leasing, hotel operation, and securities broking and margin financing. However, no specific outlook or guidance for the future was provided in the announcement.

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