UNITAS HOLD Reports Fiscal Year Results, Narrowing Net Loss to HK$17.35 Million

Stock News
Jun 30

UNITAS HOLD has released its annual financial results for the period ending March 31, 2026.

The group recorded revenue of HK$91.389 million, representing a decrease of 8.65% compared to the previous year.

The company's attributable loss to owners was HK$17.351 million, which is an improvement of 18.45% year-on-year.

The basic loss per share was 0.66 HK cents.

Financial Performance Overview

The reduction in the reported loss was primarily driven by a significant positive movement within the expected credit loss model.

For the fiscal year under review, the company recorded a net reversal of impairment losses of approximately HK$590,000.

This marks a substantial improvement from the previous fiscal year, which saw a net impairment loss of approximately HK$7.55 million.

Impact of Non-Cash Items

This non-cash accounting improvement successfully mitigated the operational pressure on pre-tax profit faced during the reviewed period.

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