Novautek Technologies Swings to Profit in Fiscal 2025 Even as Revenue Declines 18%
MT Newswires Live
Sep 30, 2025
Novautek Technologies Group (HKG:0519) reported HK$9 million in attributable profit for the fiscal year ended June 30, swinging from a loss of HK$50.6 million a year earlier, according to a Hong Kong bourse filing Monday.
Shares of the property developer fell nearly 5% in morning trade Tuesday.
Earnings per share was HK$0.003 compared with a loss of HK$0.0176 in the prior year.
Revenue fell 18% year-on-year to HK$33.8 million, figures showed.
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