K-Tech Solutions Reports 8.7% Revenue Increase and 47.5% Drop in Net Income, EPS Decreases to $0.0263 for Fiscal Year Ending March 31, 2025
K-Tech Solutions Co. Ltd. has released its financial results for the fiscal year ending March 31, 2025. The company reported revenue of $18.6 million, marking an increase from $17.1 million in the previous year. Net income for the year stood at $488,000, up from $247,000 in the prior year. Basic and diluted earnings per share were reported at $0.0263, compared to $0.0125 in the previous year. The company's gross profit also saw growth, reaching $2.4 million from $2.2 million the previous year. General and administrative expenses rose to $1.67 million from $1.24 million, while selling and distribution expenses increased to $252,620 from $61,949. K-Tech Solutions continues to be engaged in the design, development, testing, and sale of a diverse portfolio of toy products, ranging from simple plastic toys to more complex electromechanical products. The results indicate an ongoing positive trend in the company's financial performance.
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