K. H. Group Holdings Reports 26% Drop in Revenue and Increased Gross Loss for Fiscal Year Ending March 2025

Reuters
Jun 30
K. H. Group Holdings Reports 26% Drop in Revenue and Increased Gross Loss for Fiscal Year Ending March 2025

K. H. Group Holdings Limited has announced its consolidated annual results for the year ended 31 March 2025. The company reported a revenue of HK$129.58 million, a decrease from the HK$175.174 million reported for the year ended 31 March 2024. The cost of sales and services rendered was HK$173.318 million, down from HK$206.213 million the previous year, resulting in a gross loss of HK$43.738 million, compared to a gross loss of HK$31.039 million in 2024. Other income for the year was HK$5.383 million, a significant decline from HK$90.925 million in the previous year. The company recorded a gain on bargain purchase on acquisition of subsidiaries amounting to HK$40.947 million, which was not present in the previous year's figures. Administrative and other operating expenses were reported at HK$35.376 million, slightly up from HK$33.584 million in 2024. The company also reported impairments on property, plant and equipment of HK$842,000 and on right-of-use assets of HK$1.84 million. The report does not provide specific guidance or outlook for future periods.

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