AGTech Holdings Reports 19.8% Revenue Decrease to HK$615 Million for Fiscal Year Ended March 31, 2025

Reuters
24 Jun
AGTech Holdings Reports 19.8% Revenue Decrease to HK$615 Million for Fiscal Year Ended March 31, 2025

AGTech Holdings Ltd. has announced its audited consolidated final results for the year ended March 31, 2025. The company reported a revenue of approximately HK$615.0 million, which represents a decrease of approximately 19.8% compared to the HK$766.6 million recorded for the fifteen months ended March 31, 2024. This decrease is attributed mainly to a reduction in revenue from digital payment and related businesses, which saw a decline of approximately HK$148.4 million to HK$307.3 million. The company noted that during the year ended March 31, 2025, revenue contributions were primarily derived from digital payment and related businesses, digital banking business, and lottery business. Additionally, interest income from the digital banking business contributed HK$51.1 million to the overall revenue. The Board has decided not to recommend the payment of a final dividend for the year. Further details regarding future outlook or guidance were not provided in the announcement.

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