Shanyu Group Holdings (08245) announced annual results, net loss of HK$15.224 million year-on-year profit to loss

According to the Zhitong Finance App, Shanyu Group Holdings (08245) announced its results for the year ended March 31, 2025. Earnings were approximately HK$31.6 million, a year-on-year decrease of 36.8%; net loss of HK$15.224 million, a year-on-year profit to loss; and a basic loss of approximately HK$7.49 per share.

According to the announcement, losses were mainly due to confirmed lower gross margin during the year, increased impairment losses on goodwill, and impairment losses of HK$5.7 million and HK$4.2 million, respectively, calculated according to the expected credit loss model.