GW Terroir (00524) released its annual performance, with a net loss attributable to shareholders of HK$30.516 million, an increase of 18.97% year-on-year.

GW TERROIR (00524) announced its annual performance for the year ending December 31, 2025. The group achieved a revenue of HK$106 million, an increase of 30.32% compared to the previous year. The net loss attributable to owners of the company was HK$30.516 million, an increase of 18.97% compared to the previous year. Loss per share was 15.5 HK cents. The announcement stated that revenue from the telecommunications business increased by approximately HK$78.9 million, or 2.3%, to approximately HK$80.7 million for the current year compared to the previous year. The increase in revenue from the telecommunications business was mainly due to a significant increase in revenue from wholesale voice telecommunications services in Hong Kong, offset by a decrease in revenue from telecommunications businesses in Singapore and China. Revenue from the Information Technology business increased from approximately HK$1 million in the previous year to approximately HK$23.8 million for the current year, mainly due to increased revenue from software development and enhancement services provided in China. Rental income for the property remained unchanged at approximately HK$1.3 million for both the current year and the previous year.