DUFU LIQUOR-NEW Reports Annual Loss of HK$17.66 Million, Shifting from Prior Year's Profit
Stock News
Jun 30
DUFU LIQUOR-NEW (ASX: 00986) has released its financial results for the year ended March 31, 2026. The company reported revenue of HK$54.943 million, representing a decrease of 18.34% compared to the previous year. The performance resulted in a net loss of HK$17.66 million, a reversal from the profit recorded in the prior corresponding period. The loss per share amounted to 13.64 HK cents.
The company attributed the increased loss primarily to a net provision for expected credit losses on trade receivables, loans, and interest of approximately HK$49.92 million. This contrasts with a net reversal of expected credit losses of about HK$16.31 million for the year ended March 31, 2025.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.