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HRC WORLD PLC: AUDITED ANNUAL RESULTS TO 31 MARCH 2025
Globenewswire· 2025-07-31 22:01
Core Insights - HRC World Plc reported a significant increase in revenue for the financial year ending 31 March 2025, reaching US$818,000 compared to US$141,000 in the previous year, indicating a successful strategic realignment [2] - The company narrowed its pre-tax loss to US$46,000 from US$220,000 in the prior year, showcasing improved operational cost control while investing in future growth sectors [2] - The company is optimistic about its strategic direction, focusing on digital infrastructure and sustainable energy solutions, while gradually shifting from restaurant management services to technology-driven business segments [3] Financial Performance - Revenue for the year ending 31 March 2025 was US$818,000, a substantial increase from US$141,000 in the previous year [2] - Pre-tax loss decreased to US$46,000 from US$220,000, reflecting better cost management [2] Strategic Direction - The company is advancing its strategic transformation towards digital infrastructure and sustainable energy solutions [3] - There is a shift in focus from restaurant management services to the development of data centre and IT infrastructure capabilities [3] Dividend Policy - The Directors have decided not to propose the payment of a dividend [4]