POLYFAIR Holdings (08532) has released its annual performance, with a net loss of HK$133 million, a turnaround from a profit in the previous year.

POLYFAIR HLDGS (08532) released its full-year performance for the year ending March 31, 2025. The group generated revenue of HK$238 million, a decrease of 44.4% year-on-year; incurred a loss of HK$133 million during the year, compared to a profit of HK$1.237 million in the same period last year; and recorded a basic loss per share of 16.16 HK cents. The announcement stated that the decline in revenue was mainly due to the completion of a large number of projects last year. During the 2025 period, the company focused on managing four ongoing projects and handling post-processing work for several projects completed recently, a decrease from seven projects in 2024. However, the revenue confirmed from these post-processing work was relatively small compared to the overall project value, leading to a significant decrease in confirmed revenue.