Rongzun International Reports 61.6% Drop in Revenue, Posts HK$9.5 Million Loss for FY 2025
Reuters
Jun 27
Rongzun International Reports 61.6% Drop in Revenue, Posts HK$9.5 Million Loss for FY 2025
Rongzun International Holdings Group Ltd. has announced its annual results for the year ended 31 March 2025. The Group reported a significant decrease in revenue, which amounted to approximately HK$88.4 million, compared to approximately HK$229.9 million in the previous year. The gross profit margin improved to approximately 4.7% from 1.9% in the prior year. The Group recorded a loss before tax of approximately HK$9.5 million, slightly up from the HK$9.3 million loss before tax reported in 2024. The basic loss per share for the year ended 31 March 2025 amounted to approximately HK1.54 cents, compared to HK1.50 cents in 2024. Despite the losses, the Board has recommended a final dividend of HK4.0 cents per share for the year ended 31 March 2025, whereas no dividend was paid in the previous year. No specific outlook or guidance was provided in the announcement.
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