UNITAS HOLD (08020) announces its annual performance with a net loss of 17.351 million Hong Kong dollars, narrowing down by 18.45% year-on-year for shareholders.

UNITAS HOLD (08020) announced its annual results for the year ended March 31, 2026. The group reported revenue of HK$91.39 million, a decrease of 8.65% compared to the previous year. The attributable loss for the company was HK$17.35 million, narrowing by 18.45% year-on-year. The basic loss per share was 0.66 HK cents. The announcement stated that the improvement in the loss was mainly driven by a significant positive change in the expected credit loss model. The current fiscal year recorded a net reversal of impairment loss of approximately HK$590,000, a significant improvement compared to the impairment loss of approximately HK$7.55 million in the previous fiscal year. This non-cash accounting improvement successfully alleviated the operating pressure faced in the previous year.