KING INTL INV (00928) released its annual financial results, with shareholders accounting for a loss of 47.453 million Hong Kong dollars. Trading will resume on September 22nd.

KING INTL INV (00928) released its annual results for the year ended March 31, 2025, with a revenue of HK$40.765 million, a decrease of 82.6% compared to the previous year. The company's attributable loss was HK$47.453 million, compared to a profit of HK$15.818 million in the same period last year. The basic loss per share was 2.56 HK cents. For the year ended March 31, 2025, the group recorded a gross profit of approximately HK$12.73 million (for the year ended March 31, 2024: approximately HK$37.79 million). The group's overall gross profit margin was 31.23% (for the year ended March 31, 2024: 16.17%). The group's gross profit was mainly attributed to the sale of alcohol with low gross profit margins. Approximately 100.00% of the sales for the year came from alcohol sales (for the year ended March 31, 2024: 51.29%). The company has applied to resume trading of its shares on the Stock Exchange starting at 9:00am on September 22, 2025.