Yuk Wing Group Holdings Ltd. Reports 46.5% Revenue Increase to HK$217.07 Million, Narrows Net Loss to HK$11.95 Million for FY 2025
Reuters
Jun 30
Yuk Wing Group Holdings Ltd. Reports 46.5% Revenue Increase to HK$217.07 Million, Narrows Net Loss to HK$11.95 Million for FY 2025
Yuk Wing Group Holdings Ltd. has reported its consolidated financial results for the year ended 31 March 2025. The Group's revenue increased significantly to HK$217.074 million from HK$148.231 million in the previous year. Despite the increase in revenue, the company recorded a loss for the year of HK$12.204 million, an improvement from the HK$22.561 million loss reported for the year ended 31 March 2024. The revenue growth was primarily driven by the manufacturing and trading of DTH rockdrilling tools, which contributed HK$212.877 million, while the trading of piling and drilling machineries and rockdrilling equipment contributed HK$4.197 million. The segment result for the manufacturing and trading of DTH rockdrilling tools was HK$42.766 million, while the trading segment reported a result of HK$1.060 million. The company incurred unallocated expenses totaling HK$56.659 million, and recorded other income of HK$2.488 million. Impairment losses under the expected credit loss model amounted to HK$5.905 million. No specific guidance or outlook for future periods was provided in the announcement.
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