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The Group reported a revenue of HK$9.623 billion, marking an increase from the previous year's HK$7.812 billion. However, the company recorded a loss of HK$101.178 million for the year, contrasting with a profit of HK$65.801 million in 2024. The gross profit also saw a significant decline to HK$134.941 million from HK$682.482 million in the previous year. The company's revenue from construction projects rose to HK$7.235 billion from HK$5.604 billion, and electrical and mechanical installation revenue increased to HK$2.250 billion from HK$2.080 billion. Building materials supply contributed HK$96.586 million, up from HK$86.295 million the previous year. Despite the increase in revenue, the Group's financial performance was affected by higher costs and expenses, leading to the reported loss. 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The company has formalized insurance agreements with Asia Insurance as the service provider, selected after evaluating multiple quotations based on factors such as fee quotation, policy coverage, and service provider reputation. The annual premium for each agreement was calculated by multiplying the insurance plans' rates with the employee numbers assigned to each plan. This decision is part of Yau Lee Holdings Limited's strategy to secure favorable commercial terms that are fair and beneficial for the company and its shareholders. The terms were determined following comprehensive market research and negotiations conducted at arm's length.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be in","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250620:nNDLX5y9Z:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["00406","BK1148"],"gpt_icon":0},{"id":"2542392897","title":"Yau Lee Holdings Limited Issues Profit Warning, Anticipates Net Loss of Up to HK$130 Million for Year Ended March 2025","url":"https://stock-news.laohu8.com/highlight/detail?id=2542392897","media":"Reuters","labels":["express"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2542392897?lang=en_us&edition=fundamental","pubTime":"2025-06-10 17:24","pubTimestamp":1749547494,"startTime":"0","endTime":"0","summary":"Yau Lee Holdings Limited has issued a profit warning, indicating that the company expects to record a net loss ranging from approximately HK$100 million to HK$130 million for the fiscal year ending 31 March 2025. This represents a significant downturn compared to the net profit of HK$66 million reported for the previous year. The anticipated loss is primarily attributed to negative contract price fluctuations in government public housing construction projects, which have reduced contract values and negatively impacted the gross margin of the Group's construction business. Additionally, the company noted unrealised revaluation losses as a contributing factor. The Board advises shareholders and potential investors to exercise caution when dealing with the company's shares. The audited financial results for the fiscal year are expected to be published in late June 2025.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. 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