Financial Performance - For the three months ended March 31, 2025, the company's unaudited revenue was HKD 16,932,000, a decrease of 12.7% compared to HKD 19,393,000 in the same period last year[5] - The unaudited loss attributable to shareholders for the same period was HKD 4,940,000, which is a reduction of 38.4% from a loss of HKD 8,022,000 in the previous year[11] - The company's equity decreased to HKD 14,154,000 from HKD 19,061,000 over the same period[5] Asset Management - Total assets as of March 31, 2025, were HKD 95,564,000, down from HKD 97,154,000 as of December 31, 2024[5] Production and Sales - The total production of cowhide leather was 226,000 square feet, a significant decrease of 72.6% from 825,000 square feet in the previous year[8] - Cowhide leather sales volume was 760,000 square feet, down 42.5% from 1,322,000 square feet in the previous year[9] - The company did not produce any grey leather during the period, compared to 364 tons produced in the previous year[8] Revenue Streams - External processing business revenue increased by 159.6% to HKD 10,575,000 from HKD 4,074,000 year-on-year[11] Operational Efficiency - The company implemented cost control measures that effectively reduced operating costs, leading to improved operational performance despite a decline in revenue[8] - The company aims to enhance production conditions and product quality through equipment modifications and deepening cooperation with customers[8]
南粤控股(01058) - 2025 Q1 - 季度业绩