MOST KWAI CHUNG (01716) announces annual performance, achieving a profit of HKD 92.06 million.

MOST Kwai Chung (01716) has announced its annual performance for the year ending March 31, 2026, with a revenue of HK$92.06 million, a decrease of 1.69% year-on-year. The company's attributable profit was HK$1.616 million, a decrease of 73.62% year-on-year. Earnings per share were 0.6 HK cents. The announcement stated that the decrease in revenue was mainly due to a decline in book and merchandise sales in the other media and other services divisions. The decrease in profit was primarily due to a fair value gain on the phased acquisition of 31% of To Be Honest Limited's issued share capital in the year ending March 31, 2025, which the group did not have a similar gain in the current year; and an increase in employee costs due to the distribution of special bonuses to employees, partially offset by a reversal of impairment losses on trade receivables and the waiver of payables to a joint venture company.