Vongroup Limited Reports 4.2% Revenue Increase to HK$213.1 Million, Profit Declines by 6.4%
Reuters
Jul 31
Vongroup Limited Reports 4.2% Revenue Increase to HK$213.1 Million, Profit Declines by 6.4%
Vongroup Limited has announced its annual results for the year ended April 30, 2025. The company reported a 4.2% increase in overall revenue, reaching HK$213.1 million, compared to HK$204.5 million in the previous year. This growth was primarily driven by the provision of technology and related services, which saw a 4.8% increase in revenue to HK$206.8 million from HK$197.4 million in the prior year. Net profit for the year came in at HK$16.0 million, down 6.4% from HK$17.1 million in the previous year. Total assets increased slightly by 0.7% to HK$624.9 million, and net assets rose by 2.9% to HK$562.1 million. The company's gearing ratio improved to 0.08, down from 0.10. In terms of business operations, Vongroup Limited continues to focus on enabling global business through innovative technology. The company highlights its commitment to long-term client value and strategic foresight, particularly in emerging technology trends such as AI. This focus aims to position Vongroup at the forefront of enterprise transformation, expanding its market relevance and addressable market through AI-enhanced platforms.
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