Hong Kong Food Investment Holdings Reports 12% Revenue Decline and Slightly Widened Loss for Fiscal Year Ending March 2025
Reuters
Jun 27
Hong Kong Food Investment Holdings Reports 12% Revenue Decline and Slightly Widened Loss for Fiscal Year Ending March 2025
Hong Kong Food Investment Holdings Ltd. announced its consolidated results for the year ended 31 March 2025. The Group reported a revenue of HK$186.8 million, a decrease from HK$211.8 million in the previous year. The cost of sales was HK$158.7 million, resulting in a gross profit of HK$28.1 million, down from HK$45.3 million the prior year. The Group's net loss before tax was HK$18.4 million, compared to a loss of HK$17.3 million in the previous year. The loss for the year attributable to equity holders of the Company was HK$18.8 million, a slight decrease from HK$19.4 million in the previous year. There is no guidance or outlook provided in the announcement. The Group operates through three segments: trading, catering, and others, which include communication and advertising design.
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