CRTG (00269) releases annual performance figures, with a net profit attributable to shareholders of HK$661 million, turning a loss into a profit year-on-year.

CRTG (00269) announced its annual performance for the year ending March 31, 2026. The group achieved a revenue of HK$609 million, an increase of 5.47% compared to the previous year. The profit attributable to owners of the company was HK$661 million, compared to a loss of HK$338 million in the same period last year. Earnings per share were HK$0.06. The net profit for the group for the year (2025: loss) mainly came from the amortization of intangible assets from franchise operations, amounting to HK$280.6 million (2025: debt restructuring gain of approximately HK$275 million). The turnaround from a net loss in the year ending March 31, 2025 to a net profit in the year ending March 31, 2026 was mainly due to the recognition of a debt restructuring gain of HK$653 million during the year. The group's financing costs decreased by approximately 37.51% from around HK$352 million for the year ending March 31, 2025 to around HK$324 million for the year ending March 31, 2026, primarily due to a reduction in default interest on bank and other borrowings.