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China-Hongkong Photo Reports Revenue Decline and Net Loss for FY2025

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China-Hongkong Photo Reports Revenue Decline and Net Loss for FY2025

Elevate Your Investing Strategy:

An update from China-Hongkong Photo Products Holdings Limited ( (HK:1123) ) is now available.

China-Hongkong Photo Products Holdings Limited reported a 9.2% decrease in revenue to HK$1,001 million for the fiscal year ending March 31, 2025, compared to the previous year. The company faced a net loss of HK$2.3 million, a significant drop from the previous year’s net profit of HK$29.8 million. The adjusted net profit, excluding major one-off non-cash items, was HK$16.4 million. The Board decided not to recommend a final dividend, contrasting with the previous year’s dividend of 1 HK cent per share. These results reflect challenges in the company’s operations, including changes in the fair value of investment properties and impairment losses, impacting its financial performance and shareholder returns.

More about China-Hongkong Photo Products Holdings Limited

China-Hongkong Photo Products Holdings Limited operates in the photographic and imaging industry, focusing on the distribution and retailing of photographic products and services. The company is known for its involvement in the sale of cameras, photographic accessories, and related services, catering primarily to the Hong Kong market.

Average Trading Volume: 147,520

Technical Sentiment Signal: Buy

Current Market Cap: HK$141.1M

See more data about 1123 stock on TipRanks’ Stock Analysis page.

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