OneForce Holdings Reports 23% Drop in Revenue, Swings to RMB 37.55 Million Loss, EPS Falls to (7.58) RMB Cents for FY2025

Reuters
Jun 27
OneForce Holdings Reports 23% Drop in Revenue, Swings to RMB 37.55 Million Loss, EPS Falls to (7.58) RMB Cents for FY2025

OneForce Holdings Ltd. has announced its annual results for the year ended March 31, 2025. The company reported a revenue of RMB 377.688 million, marking a decrease of approximately RMB 112.864 million or 23.0% compared to the previous year. This decline in revenue was primarily attributed to a reduction in the number of projects undertaken by the Group, as they focused on strengthening cash flow management by reducing projects with longer payment cycles. The gross profit for the year was RMB 51.601 million, a decrease of approximately RMB 25.477 million or 33.1% from the previous year. The overall gross profit margin also fell from 15.7% to 13.7%, mainly due to intensified market competition, which led the Group to adjust its pricing strategy for acquiring long-term customers. The financial results also showed a loss attributable to shareholders of RMB 37.550 million, a significant change from the profit of RMB 8.357 million in the previous year. This shift was mainly due to a decrease in gross profit by RMB 25.477 million, an increase in impairment losses on trade receivables, contract assets, and other receivables by approximately RMB 18.853 million, and an increase in financial costs by approximately RMB 1.120 million. OneForce Holdings Ltd. did not provide a specific outlook or guidance for future performance in this announcement.

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