China Tangshang Holdings Reports 33.8% Drop in Revenue and 36.4% Decrease in Loss for Fiscal Year Ending March 2025

Reuters
Jun 26
China Tangshang Holdings Reports 33.8% Drop in Revenue and 36.4% Decrease in Loss for Fiscal Year Ending March 2025

China Tangshang Holdings Ltd. has announced its financial results for the year ended 31 March 2025. The company reported a revenue of approximately HK$580.8 million, which marks a 33.8% decline from the HK$877.5 million recorded in the previous year. The loss for the year was approximately HK$72.3 million, a reduction of 36.4% compared to the HK$113.5 million loss from the last financial year. This decrease in loss is attributed to cost control measures and a reduction in expenditures, alongside a decrease in revenue recognition from its property development and sub-leasing and investment businesses. The company did not provide any specific outlook or guidance for future financial performance.

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