Annual Financial Results for CHINA BAOLI TEC Show Widened Loss

Stock News06-30

CHINA BAOLI TEC (00164) has announced its financial results for the fiscal year ended March 31, 2026.

The company reported revenue of HK$47.359 million, representing a decrease of 1.84% compared to the previous year.

Shareholders' attributable loss amounted to HK$23.666 million, marking a significant increase of 4340.15% year-on-year.

The basic loss per share was HK$0.10.

According to the announcement, the slight decline in total revenue was primarily attributed to its dry milling and separation business, as well as its integrated media operations.

Gross profit margin saw a modest increase of 2.2%, mainly due to a higher gross margin contribution from the dry milling and separation segment.

The substantial increase in net loss for the year was primarily due to the absence of a one-time gain from the derecognition of financial liabilities that was recorded in the prior year.

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