GUOEN HOLDINGS (08121) announces annual performance, with a net loss attributable to shareholders of HKD 1.093 million, compared to a profit turning into a loss.
Guoen Holdings (08121) released its annual performance for the year ending March 31, 2025, with the group achieving revenue of 1.6 billion...
GUOEN HOLDINGS (08121) announced its annual results for the year ended on March 31, 2025. The group achieved revenue of HK$161 million, representing a year-on-year increase of 38.94%. The company's owners suffered a loss of HK$1.093 million, compared to a profit of HK$3.167 million in the same period last year. The loss per share was HK$0.06.
The announcement stated that the increase in revenue was attributed to the growth in income from creative and technology services and digital advertising placement services, partially offset by a decrease in revenue from social media management services for the year ended on March 31, 2025. Additionally, due to an increase in operating costs within the service costs, the gross profit of the group decreased from approximately HK$26.02 million for the year ended on March 31, 2024, to approximately HK$25.12 million for the year ended on March 31, 2025.
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