New Provenance Everlasting Holdings Limited has announced its audited consolidated results for the year ended March 31, 2025. The company reported a significant decrease in revenue, which dropped to HK$470.3 million from the previous year's HK$864.3 million. The Group experienced a gross loss of HK$4 million, contrasting with a gross profit of HK$12 million in 2024. Other net income also saw a decline, coming in at HK$995,000 compared to HK$3.2 million the previous year. Administrative expenses increased to HK$16.9 million from HK$13.6 million in 2024, while the loss allowance recognized on trade receivables was HK$5.2 million, a marked improvement from HK$32.6 million the prior year. Furthermore, the company recognized an impairment loss on property, plant, and equipment amounting to HK$10.7 million, a newly reported figure for 2025. There was no specific outlook or guidance provided for future performance within the announcement.
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