KINGMAKER (01170) announces annual performance equity holders' share of loss of HK$70.623 million, an increase of 108.4% year-on-year.
Xingxing Group (01170) announced the performance for the fiscal year ended March 31, 2026, with revenue of approximately HK$607 million, a decrease of 3% year-on-year. The company's equity holders' net loss for the year was HK$70.623 million, an increase of 108.4% year-on-year. The basic loss per share was 10.68 HK cents, and a special final dividend of 2.0 HK cents per ordinary share is proposed.
KINGMAKER (01170) announced its annual performance for the year ended March 31, 2026, with revenue of approximately HK$607 million, a decrease of 3% year-on-year; the company's equity holders' net loss for the year amounted to HK$70.623 million, an increase of 108.4% year-on-year; basic loss per share was 10.68 HK cents, with a proposed special final dividend of 2.0 HK cents per ordinary share.
The announcement stated that the decrease in revenue was mainly due to a drop in average selling prices, while the sales volume of shoes remained relatively stable. Although the group continued to develop high value products, weak retail sentiment led to a downward trend in market prices, resulting in an overall decrease of 4.6% in average selling prices.
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