CHINA IN-TECH (00464) announced its annual performance, with a net loss attributable to shareholders of HK$30.487 million, a decrease of 38.7% year-on-year.
China Smart Technology (00464) announced its annual results for the year ending March 31, 2026. The group achieved a revenue of HK$ 76.797 million, a decrease of 27.41% year-on-year; the loss attributable to shareholders was HK$ 30.487 million, a decrease of 38.7% year-on-year; and the loss per share was 4.51 Hong Kong cents.
CHINA IN-TECH (00464) released its annual performance for the year ending March 31, 2026. The group's revenue decreased by 27.41% to 76.797 million Hong Kong dollars, with a net loss of 30.487 million Hong Kong dollars, a decrease of 38.7%. The loss per share was 4.51 Hong Kong cents.
The announcement stated that the decrease in loss for the year was mainly due to a reduction in sales costs and operating expenses, especially as a result of planned optimization of operational structure and efficiency enhancement, leading to a decrease in employee costs. The total employee costs (excluding directors' remuneration) as a percentage of revenue decreased from approximately 42.0% in the previous fiscal year to approximately 30.4% in the current fiscal year.
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