KNT HOLDINGS (01025) announces annual performance net loss of HKD 45.659 million, a year-on-year increase of 91.78%.

KNT HOLDINGS (01025) announced its financial performance for the year ending March 31, 2026, with a revenue of HK$98.04 million, a year-on-year increase of 53.2%; a net loss of HK$45.65 million, a year-on-year increase of 91.78%; and a basic and diluted loss per share of approximately 20.7 HK cents. The announcement stated that the increase in losses was mainly due to (i) a decrease in gross profit; (ii) an increase in group administrative expenses, sales, and distribution expenses; (iii) an increase in impairment losses recognized for trade receivables, deposits, and other receivables; (iv) an increase in impairment losses recognized for right of use assets; and (v) an increase in finance costs.