Hin Sang Group Reports 35.8% Increase in Annual Loss, Revenue Slightly Down by 0.8%

Reuters
27 Jun
Hin Sang Group Reports 35.8% Increase in Annual Loss, Revenue Slightly Down by 0.8%

Hin Sang Group (International) Holding Co. Ltd. has announced its audited consolidated results for the year ended 31 March 2025. The company reported a slight decrease in revenue, totaling HK$91.9 million, down 0.8% from HK$92.6 million in the previous year. The gross profit for the year was HK$60.3 million, representing a 5.0% increase compared to the previous year's HK$57.4 million. The company experienced a significant increase in loss for the year, which amounted to HK$49.4 million, a 35.8% increase from the HK$36.4 million loss reported in the prior year. The segment analysis revealed that the Product Development Segment generated the majority of external sales, contributing HK$90.1 million to the total revenue. However, the segment recorded a loss of HK$22.4 million. Additionally, the company reported other comprehensive expenses amounting to HK$3.8 million, contrasting with an income of HK$5.8 million in the previous year. No specific guidance or outlook for future performance was provided in the announcement.

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