GUOEN HOLDINGS (08121) released its annual performance, with a net loss of HK$5.04 million, an increase of 357.8% year-on-year.
Guoen Holdings (08121) released its performance for the year ended March 31, 2026, with revenue of HK$190 million, an increase of 17.8% year-on-year; a net loss of HK$5.004 million, an expansion of 357.8% year-on-year; and a basic loss per share of 0.18 HK cents.
GUOEN Holdings (08121) announced its financial results for the year ending March 31, 2026. The company reported a revenue of HK$190 million, representing a year-on-year increase of 17.8%. However, the company also reported a net loss of HK$5.04 million, which was a significant increase of 357.8% compared to the previous year. The basic loss per share was 0.18 HK cents.
The increased loss during the period was mainly due to the following reasons: (1) an increase in operating costs in the service costs leading to a decrease in gross profit; (2) an increase in employee costs and sales commissions in sales expenses; (3) an increase in operating costs in administrative expenses.
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