MOS House Group Ltd. has announced its final results for the year ended 31 March 2025. The company's total revenue decreased to HK$109.393 million from HK$122.577 million in the previous year. Revenue from contracts with customers, including the sale of tiles and bathroom fixtures, fell to HK$108.913 million from HK$122.097 million. The decline was mainly due to a reduction in retail sales, which dropped to HK$36.899 million from HK$58.875 million, while non-retail sales increased to HK$72.014 million from HK$63.222 million. Other income, gains, and losses saw an increase, totaling HK$4.607 million compared to HK$2.396 million in the previous year. Notably, the company recorded a fair value loss on investment properties amounting to HK$8.280 million, contrasting with a gain of HK$0.280 million in the prior year. The cost of inventories sold also rose significantly to HK$54.408 million from HK$42.429 million. The consolidated statement of profit or loss highlighted a reversal of impairment loss under the expected credit loss model on trade receivables, netting a gain of HK$1.870 million compared to a loss of HK$1.455 million in the previous year. The results reflect a challenging year with variations in sales channels and property valuations affecting overall performance. The company has not provided specific guidance or outlook for the upcoming period.
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