Easyknit International Reports 148.7% Increase in Revenue for FY2025, Net Asset Value Per Share Drops 62.5%

Reuters
Jun 27
Easyknit International Reports 148.7% Increase in Revenue for FY2025, Net Asset Value Per Share Drops 62.5%

Easyknit International Holdings Ltd. has announced its audited consolidated annual results for the year ended 31 March 2025. The company reported a significant increase in revenue from continuing operations, reaching HK$488.489 million compared to HK$196.421 million in the previous year, marking a 148.7% rise. Sales of properties contributed significantly to this increase, accounting for HK$466.837 million, up from HK$169.971 million. The net asset value of the company saw a decrease, with the total value reported at HK$1.727 billion, down from HK$4.602 billion, reflecting a 62.5% decline. Similarly, the net asset value per share also decreased by 62.5%, from HK$62.2 to HK$23.3. Despite the increase in revenue, Easyknit International Holdings Ltd. reported a loss in segment results, totaling HK$155.040 million. The company, incorporated in Bermuda and listed on The Stock Exchange of Hong Kong Limited, continues to function as an investment holding company.

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