PT International Development Reports 7.4% Decline in Revenue for Fiscal Year Ending March 2025; Gross Loss Narrows Significantly

Reuters
Jul 01
PT International Development Reports 7.4% Decline in Revenue for Fiscal Year Ending March 2025; Gross Loss Narrows Significantly

PT International Development Corporation Limited has announced its annual results for the year ended 31st March, 2025. The company reported a revenue of HK$140.7 million from continuing operations, marking a decrease from HK$152.0 million in the previous year. This drop in revenue was primarily attributed to a decline in trading income, which fell from HK$98.5 million in 2024 to HK$70.3 million in 2025. Port and port-related services income showed a slight increase, rising to HK$51.5 million from HK$50.5 million, while equity and insurance brokerage income saw a significant increase to HK$18.9 million from HK$3.0 million in the prior year. The company also reported a gross loss of HK$29.0 million for the current year, an improvement compared to the gross loss of HK$83.2 million recorded in 2024. No specific outlook or guidance for future financial performance was provided in the announcement.

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