King International Investment (00928) has announced its annual results for the year ended March 31, 2025. The company reported revenue of HK$40.765 million, representing a decline of 82.6% year-on-year. The loss attributable to company owners reached HK$47.453 million, compared to a profit of HK$15.818 million in the same period last year. Basic loss per share stood at 2.56 HK cents.
For the year ended March 31, 2025, the group achieved gross profit of approximately HK$12.73 million (year ended March 31, 2024: approximately HK$37.79 million). The group's overall gross profit margin was 31.23% (year ended March 31, 2024: 16.17%).
For the years ended March 31, 2025 and 2024, the group's overall gross profit was mainly attributed to alcoholic beverages sales, which carry lower profit margins. Approximately 100.00% of sales for the current year came from alcoholic beverages sales (year ended March 31, 2024: 51.29%).
The company has applied for the resumption of trading of its shares on the Stock Exchange at 9:00 a.m. on September 22, 2025.
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