YUK WING GP Reports Fiscal Year Results, Narrowing Net Loss to HK$4.403 Million

Stock News
Jun 26

YUK WING GP (ASX: 01536) has announced its financial results for the year ended March 31, 2026.

The group achieved revenue of HK$178 million, representing a decrease of 17.9% compared to the previous year.

The net loss attributable to owners of the company was HK$4.403 million, a significant reduction of 64.84% year-on-year.

Basic loss per share was HK$0.0097.

During the financial year, market conditions remained persistently weak, with a reduction in rock drilling projects within the Hong Kong market.

On an international level, increased business activity in the Scandinavian market contributed to higher revenue generated from that region this year.

Conversely, a decrease in business operations in China led to a reduction in revenue contribution from that area.

Revenue contribution from the group was also impacted as local customers reduced their purchases of the company's products.

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