Addentax Group Corp., a Nevada holding company, reported its financial results for the fiscal year ending March 31, 2025. The company's total revenue experienced a significant decrease of approximately $1 million, or 18.9%, compared to the previous year. This decline was primarily attributed to reduced revenue from its logistics services segment. The company also reported a net loss of $5.09 million, marking a 121.8% decline from the net loss of $3.11 million recorded in the previous fiscal year. This substantial increase in net loss reflects the challenges faced by the company during this period. Addentax Group Corp. operates through its subsidiaries in the PRC, focusing on garment manufacturing, logistics services, and property management and subleasing. The company's operations were conducted primarily through its wholly-owned subsidiary, YX, and its subsidiaries in China. The company is listed on the Nasdaq Capital Market under the symbol "ATXG." The report did not provide specific outlook or guidance for the upcoming periods.
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