Green Energy Group Limited Reports FY2025 Revenue of HK$68.9 Million, Down 2.7% Year-on-Year

Reuters
Sep 29
Green Energy Group Limited Reports FY2025 Revenue of HK$68.9 Million, Down 2.7% Year-on-Year

Green Energy Group Limited announced its audited consolidated results for the year ended 30 June 2025. The Group reported revenue from continuing operations of HK$68.887 million for FY2025, compared to HK$70.82 million in the previous year, representing a decrease of HK$1.933 million. Other income increased to HK$1.179 million from HK$0.339 million. Cost of purchases of goods and consumables decreased to HK$35.082 million from HK$37.544 million. Transportation costs rose to HK$19.738 million, up from HK$16.621 million. Staff costs increased to HK$16.05 million, compared to HK$14.791 million in the previous year. Depreciation for property, plant and equipment was HK$1.45 million, while depreciation for right-of-use assets was HK$1.244 million, down from HK$2.025 million a year earlier. During the reporting period, the Group discontinued its money lending business in November 2024 after completing the disposal of its wholly-owned subsidiary that operated this segment. The Group continues to operate in renewable energy, waste construction materials and processing services, and plastic recycling/metal scrap businesses. No outlook or guidance for future periods was provided in the announcement.

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