CapAllianz reports higher net loss in FY2025
Revenue also fell due to decreases in the oil and gas business segment.
CapAllianz Holdings Limited recorded a loss after income tax of $2.27m (US$1.77m) in financial year ended 30 June 2025 (FY2025), as compared to a loss after income tax of $718,647 (US$0.56M) in FY2024.
The group’s revenue decreased by 16% year-on-year (YoY) to $4.43m (US$3.45m) in FY2025, attributable to the decrease in revenue from the oil and gas business segment that have partially offset the increase in revenue from the technical services business segment.
According to the group’s bourse filing, the decrease in revenue from the oil and gas business segment was mainly due to a decrease in the group’s share of oil production volume from the Thailand operations. It went from 32,928 barrels in FY2024 to 24,171 barrels in FY2025.
The group’s cost of sales increased by 25% YoY to $4.042m (US$3.15m) in FY2025. This rise was primarily due to an increase in depreciation and decommissioning cost of oil and gas properties partially offset by decrease in transportation, production and operating costs and royalty and excise costs in the oil and gas segment.
As a result of the above, gross profit decreased to $384,967 (US$0.3m) in FY2025.
$1 = US$0.78