MAN SANG INT'L released its annual performance, with a loss attributable to shareholders of HKD 592 million, an increase of 7.32% year-on-year
MAN SANG INT'L released its annual results for the year ending March 31, 2025, reporting a loss attributable to shareholders of HKD 592 million, an increase of 7.32% year-on-year. The group's revenue was HKD 138 million, an increase of 8.95% year-on-year. The widening loss was mainly due to a decrease in the fair value of investment properties, impairment losses on property and equipment, and increased financial costs. The loss per share was HKD 0.92
According to the Zhitong Finance APP, MAN SANG INT'L (00938) announced its financial results for the fiscal year ending March 31, 2025. The group achieved revenue of HKD 138 million, an increase of 8.95% year-on-year; the loss attributable to equity holders of the company was HKD 592 million, an increase of 7.32% year-on-year; and the loss per share was HKD 0.92.
In the fiscal year 2025, the loss attributable to equity holders of the company expanded to approximately HKD 592 million (fiscal year 2024: approximately HKD 552 million), while the total comprehensive expenses attributable to equity holders of the company for the fiscal year 2025 amounted to approximately HKD 588 million (fiscal year 2024: approximately HKD 576 million), mainly due to a decrease in the fair value of investment properties of approximately HKD 266 million; impairment losses on properties, plants, and equipment of approximately HKD 27.889 million; impairment losses on properties held for sale of approximately HKD 43.466 million; and financial costs of approximately HKD 209 million
