GC Construction Holdings Ltd. Reports 9.3% Revenue Decline and HK$53.5 Million Loss for FY 2025; EPS Drops to HK5.3 Cents
Reuters
Jun 25
GC Construction Holdings Ltd. Reports 9.3% Revenue Decline and HK$53.5 Million Loss for FY 2025; EPS Drops to HK5.3 Cents
GC Construction Holdings Ltd. has released its annual results for the year ended 31 March 2025. The company reported a decrease in revenue, falling from approximately HK$585.2 million in 2024 to approximately HK$530.7 million in 2025, which represents a decline of about HK$54.5 million or 9.3%. The gross profit also saw a significant decrease, dropping from approximately HK$41.8 million in 2024 to approximately HK$2.1 million in 2025, a decline of approximately HK$39.7 million. The Group recorded a net loss and total comprehensive expense of approximately HK$53.5 million for the year ended 31 March 2025, compared to a profit and total comprehensive income of approximately HK$19.1 million in the previous year. The Board has decided not to recommend the declaration of a final dividend for the year ended 31 March 2025. The company's revenue is primarily derived from wet trades works in Hong Kong and construction work in Cambodia, with over 95% of the revenue for the year coming from external customers located in Hong Kong.
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