EV Dynamics Reports Sharp Revenue Drop to HK$3.012M and Loss of HK$373.9M for Fiscal Year Ending March 2025

Reuters
Jun 30, 2025
EV Dynamics Reports Sharp Revenue Drop to HK$3.012M and Loss of HK$373.9M for Fiscal Year Ending March 2025

EV Dynamics (Holdings) Ltd. has announced its annual results for the year ended 31 March 2025. The company reported a significant decrease in revenue, with figures dropping from HK$42.239 million in 2024 to HK$3.012 million in 2025. The company also posted a gross loss of HK$1.97 million for 2025, compared to a gross profit of HK$2.701 million in the previous year. The net loss for the year amounted to HK$373.908 million, widening from a net loss of HK$326.829 million in 2024. The total comprehensive income for the year was also negative, at HK$382.370 million, compared to a negative HK$402.017 million in 2024. The company's principal activities include the development and sale of electric vehicles, as well as mining and metal and minerals trading.

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