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China Resources and Transportation Group Reports Annual Loss Amid Revenue Decline

Story Highlights
  • The company reported a decrease in revenue and gross profit for the year ending March 2025.
  • China Resources faced a net loss due to increased impairment losses and lack of debt restructuring gains.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
China Resources and Transportation Group Reports Annual Loss Amid Revenue Decline

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The latest update is out from China Resources & Transportation Group Ltd. ( (HK:0269) ).

China Resources and Transportation Group Limited reported its annual consolidated results for the year ending March 31, 2025. The company experienced a decrease in revenue from HK$593,148,000 in 2024 to HK$577,662,000 in 2025, and a significant drop in gross profit from HK$220,410,000 to HK$144,849,000. The company also faced a net loss of HK$342,606,000 compared to a profit of HK$2,048,114,000 the previous year, largely due to the absence of a gain on debt restructuring and increased impairment losses. Despite these challenges, the company reported a positive exchange difference on translation of financial statements of foreign operations, contributing to a total comprehensive loss of HK$266,838,000 for the year.

More about China Resources & Transportation Group Ltd.

China Resources and Transportation Group Limited is a company incorporated in the Cayman Islands, operating with limited liability. It is listed on the Hong Kong Stock Exchange under the stock code 269. The company is involved in various sectors, though specific industry details and primary products or services are not provided in the announcement.

Average Trading Volume: 34,195,722

Technical Sentiment Signal: Sell

Current Market Cap: HK$117.1M

See more data about 0269 stock on TipRanks’ Stock Analysis page.

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