New Silkroad Culturaltainment reported FY 2025 revenue of HKD 374.72 million, down 13% mainly due to lower property management revenue amid a cooling mainland China real estate market and increased economic pressure. FY 2025 loss before tax widened to HKD 325.97 million, while loss attributable to owners was HKD 271.15 million and basic loss per share was 8.45 HK cents. FY 2025 other revenue, gains and losses swung to a net gain of HKD 17.7 million, driven mainly by HKD 8.38 million in bank interest income and HKD 3.48 million in fair value gains on financial assets at fair value through profit or loss. The group recorded FY 2025 impairment losses of HKD 164.02 million on goodwill and HKD 122.06 million on property, plant and equipment, contributing to a FY 2025 total comprehensive loss of HKD 309.49 million. As of FY 2025 year-end, cash and cash equivalents were HKD 282.35 million and total borrowings (excluding lease liabilities) were HKD 23 million, with management stating it expects sufficient resources to meet debt commitments and working capital needs in the foreseeable future.

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