CHINA NEW CONS (08275) announced annual performance with an attributable loss of approximately HK$31.2 million, compared to a profit in the same period last year.

China New Cons (08275) disclosed its annual results for the year ending on March 31, 2025, with revenue of approximately HK$158.5 million, representing a year-on-year increase of about 13.3%. The company's attributable loss amounted to around HK$31.2 million, compared to a profit in the same period last year. The announcement stated that the loss was mainly caused by the following factors: increase in construction revenue; decrease in gross profit; increase in impairment losses on properties, machinery and equipment, and financial assets; and increase in fair value losses on securities held for trading.