TAT HONG EQUIP announced its annual performance, with a loss attributable to equity holders of the company of 120.5 million yuan, an increase of 26% year-on-year
TAT HONG EQUIP announced its annual results for the year ended March 31, 2025, with revenue of HKD 634.6 million, a decrease of 7% year-on-year. The loss attributable to equity holders of the company was HKD 120.5 million, an increase of 26% year-on-year. The basic loss per share was HKD 0.10, and no dividend was declared. The increase in loss was mainly due to a slowdown in economic growth and a downturn in the construction industry leading to a decline in revenue, as well as deferred tax adjustments resulting in increased income tax expenses
According to the Zhitong Finance APP, TAT HONG EQUIP (02153) announced its annual performance for the year ending March 31, 2025, with revenue of RMB 634.6 million, a year-on-year decrease of 7%. The loss attributable to equity holders of the company was RMB 120.5 million, an increase of 26% year-on-year. The basic loss per share was RMB 0.10, and no dividend was declared.
The announcement stated that the increase in losses was mainly due to the slowdown in economic growth and the downturn in the construction industry leading to a decline in revenue; and the adjustment of deferred tax items resulted in increased income tax expenses
