Travel Expert (Asia) Reports 22.3% Increase in Total Customer Sales to HK$576.3M, Net Income Drops to HK$3.4M, EPS Falls to HK0.7 Cents

Reuters
26 Jun
Travel Expert (Asia) Reports 22.3% Increase in Total Customer Sales to HK$576.<a href="https://laohu8.com/S/MMM">3M</a>, Net Income Drops to HK$3.4M, EPS Falls to HK0.7 Cents

Travel Expert (Asia) Enterprises Limited has announced its audited consolidated results for the year ending 31 March 2025. The company reported a revenue increase from continuing operations, reaching HK$255.2 million, up from HK$157.1 million in the previous year. The sales proceeds from travel-related products rose by 2.8%, from approximately HK$365.5 million to HK$375.8 million, while the gross profit margin for these products increased from 14.1% to 14.6%. The company recorded a net income attributable to the owners of HK$3.4 million, a decline from HK$9.0 million in the previous year. Earnings per share for the year stood at HK0.7 cents, down from HK1.8 cents the previous year. The Board has recommended a final dividend payment of HK0.8 cents per ordinary share, an increase from the previous year's HK0.7 cents, with no payment of a special dividend. In terms of business operations, the company continued to enhance its online trading platform, promoting a variety of travel products, and reported a fair value loss on financial assets of approximately HK$62,000. The company plans to continue monitoring the market and make prudent investment decisions to optimize surplus funds.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Travel Expert (Asia) Enterprises Limited published the original content used to generate this news brief on June 26, 2025, and is solely responsible for the information contained therein.

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