Kin Shing Holdings Ltd. has announced its audited consolidated results for the year ended 31 March 2025. The group's revenue for this period was reported at HK$878.8 million, a decrease from the HK$1,244.6 million reported in the previous year. This decline in revenue was attributed primarily to the delay in the certified process by main contractors amid market fluctuations. The segment analysis revealed that revenue from formwork works and related ancillary services accounted for the entire revenue of HK$878.8 million, with no recorded revenue from building construction works or trading and investment business during the year. The company reported a net loss before tax of HK$8.6 million, contrasting the segment profit of HK$0.9 million. The loss was influenced by unallocated expenses amounting to HK$6.9 million and finance costs of HK$2.9 million. The company remains committed to long-term business and profitability growth, maintaining prudent capital and liquidity risk management to meet future challenges. The business of the group primarily focused on Hong Kong during the year under review.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kin Shing Holdings Ltd. published the original content used to generate this news brief on June 30, 2025, and is solely responsible for the information contained therein.
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