Arta Techfin Corporation Reports HK$23.3M Revenue for Fiscal Year Ending March 2025, Significant Loss Before Tax at HK$62.9M

Reuters
Jul 01
Arta Techfin Corporation Reports HK$23.<a href="https://laohu8.com/S/MMM">3M</a> Revenue for Fiscal Year Ending March 2025, Significant Loss Before Tax at HK$62.9M

Arta Techfin Corporation Limited has announced its audited consolidated results for the year ended 31 March 2025. The Group, which includes Arta Techfin Corporation Limited and its subsidiaries, reported a decrease in employee benefit expenses by approximately HK$7 million and a decrease in information technology and maintenance expenses by approximately HK$13 million. However, these decreases were partially offset by an increase in consultancy, legal, and professional fees by approximately HK$10 million, an increase in the share of results of associates by approximately HK$4 million, and an increase in other operating expenses by approximately HK$35 million. The Group commenced its investment business and wealth management and consultancy services business during the year, adding new operating segments to its portfolio. The company has organized its business into five segments: global markets business, asset management business, insurance brokerage business, investment business, and wealth management and consultancy services. The Board of Directors has decided not to recommend the payment of a final dividend for the year ended 31 March 2025. Basic and diluted loss per share remained at approximately HK0.3 cents, consistent with the previous year. No specific outlook or guidance for future financial performance was provided in the announcement.

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