HSC Resources Group Ltd. Reports 5.1% Revenue Decline and Sharp Drop in Profit for Fiscal Year Ending April 2025; EPS Falls to HK$0.003
Reuters
Aug 01
HSC Resources Group Ltd. Reports 5.1% Revenue Decline and Sharp Drop in Profit for Fiscal Year Ending April 2025; EPS Falls to HK$0.003
HSC Resources Group Ltd. has announced its audited financial results for the year ended April 30, 2025. The company reported a revenue of approximately HK$374.3 million, reflecting a decrease of around 5.1% from the previous year's revenue of approximately HK$394.5 million. Profit for the year stood at approximately HK$0.7 million, down from the previous year's profit of approximately HK$2.2 million. This decline was attributed mainly to a decrease in gross profit margin and a reduction in other gains and losses during the year. The basic and diluted earnings per share for the year were HK$0.003, based on a weighted average number of 171,458,630 ordinary shares, compared to HK$0.02 in the previous year with 125,290,504 shares. The Board of Directors has decided not to recommend the payment of a final dividend for the year ended April 30, 2025.
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