SKY BLUE 11 Reports 2025 Results: HK$43.16 Million Net Loss, Narrowed by 73.86%

Stock News02-26

SKY BLUE 11 (01010) announced its financial results for 2025. The company reported revenue of HK$31.09 million, representing a decrease of 13.71% compared to the previous year. The net loss amounted to HK$43.16 million, which was a significant reduction of 73.86% year-on-year. The loss per share was HK9.71 cents.

The company stated that the substantial decrease in the net loss was primarily attributable to the absence of provisions for impairment of receivables and notes, which amounted to approximately HK$67.50 million in 2024. Additionally, there were no provisions for inventory impairment in 2025, compared to a provision of approximately HK$58.70 million in the prior year.

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