China National Culture Group Ltd. has announced its audited consolidated results for the year ended 31 March 2025. The group reported a total revenue of HK$43.708 million, marking a significant increase from HK$27.883 million in the previous year. The advertising segment showed a notable growth in revenue, reaching HK$13.686 million compared to HK$5.800 million in 2024, with a segment result of HK$9.357 million, a substantial improvement from a loss of HK$42.753 million in the previous year. The e-commerce segment also saw an increase in revenue to HK$30.022 million from HK$22.083 million, although its segment result turned to a loss of HK$1.384 million from a profit of HK$1.352 million. Overall, the group reported a reduced loss before tax of HK$4.782 million, a significant improvement from the previous year's loss before tax of HK$44.434 million. There was no income tax credit reported for 2025, compared to a credit of HK$766,000 in 2024. The loss for the year was HK$4.782 million, down from HK$43.668 million in the previous year. The company did not provide any outlook or guidance for future periods in its announcement.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.