Core Viewpoint - New Era Group (08412) reported a significant decline in revenue for the fiscal year ending May 31, 2025, with earnings of approximately HKD 38.838 million, representing a year-on-year decrease of about 56.5% [1] Financial Performance - The company recorded a loss attributable to owners of HKD 4.882 million, which is a 71.52% improvement compared to the previous year [1] - The decrease in revenue was primarily due to the closure of the night club "FAYE" after the lease expired on August 4, 2024 [1] Cost Management - The improvement in loss was mainly attributed to reduced operating expenses such as marketing and employee costs following the closure of "FAYE" [1] - Other contributing factors included the reversal of trade receivables write-offs from the previous year and reduced property rental and related expenses from the sale of the Wanchai Amante Shop [1]
新爱德集团公布年度业绩 公司拥有人应占亏损488.2万港元 同比减少71.52%