CHINA NEW HLDGS (08125) has released its annual results, with an annual loss of HKD 33.874 million, an increase of 56.26% year-on-year.

China New Holdings (08125) announced its annual results for the year ended March 31, 2026. The group achieved revenue of HK$112 million, a decrease of 28.21% compared to the previous year; a loss of HK$33.874 million, an increase of 56.26% compared to the previous year; with a loss per share of HK$0.19. The announcement stated that for the year ended March 31, 2026, the group's revenue from design, decoration, and engineering services decreased by 28.22% to approximately HK$112 million. The design, decoration, and engineering services business is currently facing a significant downturn, mainly due to rising material costs, increasing interest rates, and a general tightening of capital expenditure in the industry. Challenges from construction companies in mainland China, as well as delays or reductions in new projects by clients (usually corporate entities) to control financial risks, have led to a shrinking number of viable business opportunities in the market. This challenge has directly put pressure on our revenue performance.