NEW SILKROAD (00472) releases its annual performance, with shareholders' net loss of approximately HK$271 million, a year-on-year increase of 48.89%.
New Silk Road Culture and Tourism (00472) announced its annual performance for the year ending December 31, 2025. The revenue from continuing operations was approximately HK$375 million, a decrease of 13.37% compared to the previous year. The attributable loss to owners of the company was approximately HK$271 million, an increase of 48.89% compared to the previous year. The basic loss per share was 8.45 HK cents.
New Silkroad (00472) announced its annual financial results for the year ending December 31, 2025. The Company reported a total revenue of approximately HK$375 million, representing a decrease of 13.37% compared to the previous year. The net loss attributable to owners of the Company amounted to approximately HK$271 million, an increase of 48.89% year-on-year. Basic loss per share was 8.45 HK cents.
The announcement stated that the decrease in revenue was mainly due to a decrease in income from property management business to approximately HK$367 million (2024: approximately HK$433 million), primarily reflecting the cooling of the real estate market in mainland China and increased downward pressure on the overall economy.
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