CARRIANNA (00126) announces annual performance, with a net loss attributable to equity holders of the parent company of HKD 30.283 million, a decrease of 77.6% year-on-year.

CARRIANNA (00126) announced its annual performance for the year ending 31st March 2026, with revenue of approximately HK$552 million, a decrease of 4.42% compared to the previous year. The loss attributable to the owners of the parent company was HK$30.283 million, a decrease of 77.6%, with a loss per share of 1.93 HK cents. The announcement stated that the decrease in revenue was mainly due to a decrease in business turnover in the food and beverage, and hotel businesses during the year, partially offset by an increase in turnover from property investment and development businesses. The decrease in loss attributable to shareholders was mainly due to a combination of factors during the year: (i) a decrease in net other income and expenses, primarily due to an increase in fair value gain from investment properties; (ii) a decrease in financial costs due to a decrease in interest expenses from bank borrowings; and (iii) a decrease in losses attributable to associated companies.