CA CULTURAL (01566) released its annual performance, with shareholders' net loss of HKD 99.938 million, an increase of 202.45% year-on-year.
Huaxia Culture Technology (01566) announced its annual performance for the year ended March 31, 2026. The group achieved a revenue of HK$360 million, a decrease of 1.78% compared to the previous year. The company's attributable loss amounted to HK$99.38 million, an increase of 202.45% year-on-year. The loss per share was HK$0.085.
CA CULTURAL (01566) announced its annual performance for the year ending on March 31, 2026. The group achieved a revenue of HKD 360 million, a decrease of 1.78% year-on-year. The group had a net loss attributable to owners of HKD 99.938 million, an increase of 202.45% year-on-year. The loss per share was HKD 0.085.
The announcement stated that the increase in loss was due to an increase in financing costs of around HKD 1 million; impairment loss provision for the year ending on March 31, 2026 was around HKD 31 million, compared to a reversal of around HKD 240 million for the year ending on March 31, 2025; and the non-controlling interests' share of income for the year ending on March 31, 2026 was around HKD 21.2 million, compared to a loss of around HKD 7.9 million for the year ending on March 31, 2025.
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