A&S Group Reports 14.8% Revenue Decline and HK$19.8 Million Loss for FY2025, EPS Drops to HK1.98 Cents
Reuters
Jun 27
A&S Group Reports 14.8% Revenue Decline and HK$19.8 Million Loss for FY2025, EPS Drops to HK1.98 Cents
A & S Group (Holdings) Limited has announced its consolidated financial results for the year ended 31 March 2025. The company reported a revenue of HK$553.6 million, marking a decrease of approximately 14.8% compared to HK$649.6 million for the year ended 31 March 2024. The gross profit for the year was HK$39.2 million, down from HK$74.1 million in the previous year, with the gross profit margin declining from 11.4% to 7.1%. The company recorded a net loss attributable to the owners of HK$19.8 million, contrasting with a profit of HK$17.6 million for the year ended 31 March 2024. The board of directors has decided not to recommend any final dividend for the year ended 31 March 2025. Revenue from air freight forwarding ground handling services decreased to HK$352.6 million from HK$452.1 million, while revenue from air cargo terminal operating and related services increased slightly to HK$201.0 million from HK$197.5 million. The company continues to derive all its revenue from Hong Kong, its place of domicile.
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