Karin Technology’s net profit up 1% in FY 2025
However, the group’s revenue declined by 12.4% YoY to $313.6m.
Karin Technology Holdings Limited achieved a net attributable profit of $3.1m (HK$19.2m) for the 12 months ended 30 June 2025, a 1% year-on-year increase.
The group’s revenue declined 12.4% YoY to $313.6m (HK$1.9b) due to lower sales across all three of the group’s business segments.
Other income and gains for the period rose 13.2% YoY to $1.7m (HK$10.3m) mainly due to higher interest income earned from US dollar bank deposits.
Meanwhile, overall expenses declined primarily due to a reduction in selling and distribution costs.
Earnings per share stood at $0.089, up from $0.088 over a year ago.
($1=HK$6.05)