XINKONG INT CAP Reports Annual Loss of HK$1.15 Billion, Widening by 79.42%

Stock News
Mar 30

XINKONG INT CAP (00993) announced its annual results for the period ending December 31, 2025. The group recorded revenue of HK$19.688 million, a decrease of 78.7% compared to the previous year. The loss attributable to the company's equity holders was HK$1.153 billion, an increase of 79.42% year-on-year. The basic loss per share was HK13.2 cents. The increase in the net loss for the year was primarily attributed to three factors: (1) a decline in revenue; (2) a significant net loss recognized on financial assets at fair value through profit or loss during the year, compared to a net gain in the prior year; and (3) a substantial impairment loss recognized due to a further decrease in the expected recoverable amount of a group loan.

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