Allan International Reports HK$69.2M Consolidated Segment Loss for Fiscal Year Ended March 2025 Despite HK$465.2M Revenue

Reuters
26 Jun
Allan International Reports HK$69.2M Consolidated Segment Loss for Fiscal Year Ended March 2025 Despite HK$465.2M Revenue

Allan International Holdings Limited has announced its audited consolidated results for the year ended 31 March 2025. The Group reported a revenue of HK$465.17 million, a decrease from HK$484.76 million in 2024. The cost of sales amounted to HK$453.54 million, slightly up from HK$445.23 million in the previous year. The gross profit for the year was HK$11.64 million, a significant drop from HK$39.53 million in 2024. Other income also decreased to HK$36.11 million from HK$46.28 million. Other gains and losses registered a negative HK$1.83 million compared to a negative HK$0.72 million in the previous year. Selling and distribution expenses rose to HK$16.03 million from HK$14.02 million, while administrative expenses increased to HK$78.25 million from HK$73.19 million. The loss on fair value changes of investment properties was HK$45.26 million, a decrease from HK$69.14 million in 2024. The Group reported a loss before tax of HK$94.18 million, compared to a loss of HK$72.12 million in the previous year. Income tax expenses were HK$1.96 million, contrasting with a tax credit of HK$2.99 million in 2024. The statement did not provide any specific outlook or guidance for future periods.

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