REGAL PARTNERS (01575) announced its financial results for 2025. Revenue decreased by approximately 45.0% to about 65.7 million yuan. The loss attributable to the company's owners was 87.152 million yuan, representing a narrowing of 0.57% compared to the previous year. The loss per share was 2.8 cents. According to the announcement, the primary reason for the decline in turnover was the closure of the group's plant in Zhejiang Province. This facility had been operating at a loss for many years due to high operating costs and low profit margins. The change in net loss was mainly attributed to a reduction in operating expenses. However, this improvement was offset by an increase in other expenses, primarily due to a provision made for litigation related to a Chinese subsidiary currently undergoing liquidation procedures.
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