Styland Holdings Limited Reports Drop in Turnover to HK$191.3M and Net Loss of HK$26.85M for FY2025
Reuters
Jun 27
Styland Holdings Limited Reports Drop in Turnover to HK$191.<a href="https://laohu8.com/S/MMM">3M</a> and Net Loss of HK$26.85M for FY2025
Styland Holdings Limited has announced its audited consolidated results for the year ended 31 March 2025. The company reported a turnover of HK$191.314 million, a decrease from the HK$205.664 million reported in the previous year. Revenue for the year increased significantly to HK$64.719 million from HK$22.573 million in the prior year. The company incurred administrative expenses of HK$49.185 million, slightly down from HK$50.658 million the previous year. Selling and distribution expenses saw an increase, rising to HK$14.893 million from HK$4.104 million. A notable change was observed in the fair value of investment property, which decreased by HK$37 million compared to a decrease of HK$21.5 million in the previous year. The financial services business segment, initially classified as discontinued operations in the year ended 31 March 2024 due to a planned disposal, has been re-presented as continuing operations for the year ended 31 March 2025 following the termination of the disposal plan in September 2024. No specific outlook or guidance was provided in the announcement.
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