Hang Yick Holdings Co. Ltd. has announced its annual financial results for the year ended 31 March 2025. The company's revenue for FY2025 increased by 19.3% to approximately HK$187.5 million, up from HK$157.2 million in FY2024. This increase in revenue reflects the company's efforts in fulfilling existing contracts. Despite the growth in revenue, the company reported a net loss of HK$24.0 million for FY2025, a significant increase from the net loss of HK$4.1 million in the previous year. The increase in net loss is primarily attributed to low margins from contracts awarded during the COVID-19 period and heightened competition. The Group is engaged primarily in steel and metal engineering services, providing design, manufacture, supply, and installation of products like roller shutters and metal doors for construction projects in Hong Kong and China.
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