FEG Holdings Corporation Ltd. has reported its financial results for the year ended 31 March 2025. The company reported a significant decrease in revenue, which amounted to HK$405 million, down from HK$618.2 million in the previous fiscal year. The company experienced a gross loss of HK$60 million, compared to a profit of HK$34.8 million in the prior year. The gross profit margin shifted from 5.6% in FY2023/24 to a negative 14.8% in the current year. The net loss attributable to the owners of the company was reported at HK$81.5 million, a sharp decline from the previous year's profit of HK$17.3 million. The board has decided not to recommend the declaration of a final dividend for the year, consistent with the previous year. The company is currently assessing the impact of the newly issued HKFRS 18, which will affect the presentation and disclosure of financial statements but is not expected to have a material impact on the Group's future reporting. The directors are revisiting their accounting policy information disclosures to ensure compliance with the upcoming standards.
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