<a href="https://laohu8.com/S/PHOE">Phoenix Asia Holdings Ltd.</a> Reports Mixed Financial Results with Decreased Interest Expense; Revenue Fluctuations Due to Non-Recurrent Projects
Phoenix Asia Holdings Ltd. has reported its financial results for the fiscal year ending March 31, 2025. The company's revenue, which is derived primarily from non-recurrent projects, showed variability due to the non-obligatory nature of customer contracts. The fiscal years ending March 31, 2025, 2024, and 2023 saw business secured mainly through customer invitations for tender. The company has highlighted that its results can fluctuate significantly due to the non-recurrent nature of its projects, and there is no assurance of securing new contracts in future periods. Consequently, the number and scale of projects, and the resulting revenue, may vary significantly from period to period. The company did not provide specific figures for net income or profit/loss for the fiscal year ending March 31, 2025. Phoenix Asia Holdings Ltd. noted that its financial performance is subject to uncertainties in the global and local political and economic environments, including the Sino-U.S. trade conflicts and potential downturns in economic conditions in Hong Kong and the PRC, which could impact the real estate and construction industries.
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