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.
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.