A & S Group (Holdings) Limited (HKG:1737)

A & S Group (Holdings) Income Statement

Financials in millions HKD. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	471.02	553.59	649.57	508.46	520.2	408.5
Revenue Growth (YoY)	-27.58%	-14.77%	27.75%	-2.26%	27.34%	-2.30%
Cost of Revenue	444.02	514.38	575.44	462.6	440.77	349.19
Gross Profit	27	39.21	74.13	45.85	79.43	59.31
Selling, General & Admin	57.28	59.77	53.67	52.3	49.92	47.43
Other Operating Expenses	-4.05	-3.5	-1.39	-4.84	-10.8	-9.68
Operating Expenses	55.64	56.27	52.27	47.45	39.12	36.14
Operating Income	-28.65	-17.06	21.86	-1.6	40.3	23.17
Interest Expense	-3.11	-3.11	-1.06	-1.82	-2.61	-5.5
Interest & Investment Income	0.1	0.29	0.41	0.38	0	0.23
EBT Excluding Unusual Items	-31.65	-19.88	21.22	-3.04	37.7	17.91
Gain (Loss) on Sale of Assets	0.73	0.17	-	0.11	-	0.59
Other Unusual Items	-0.48	-	0.26	11.49	1.32	23.66
Pretax Income	-31.4	-19.71	21.47	8.56	39.02	42.16
Income Tax Expense	0.09	0.09	3.84	-0.03	6.5	1.64
Net Income	-31.39	-19.8	17.63	8.59	32.52	40.52
Net Income to Common	-31.39	-19.8	17.63	8.59	32.52	40.52
Net Income Growth	-	-	105.35%	-73.60%	-19.75%	-
Shares Outstanding (Basic)	1,000	1,000	1,000	1,000	1,000	1,000
Shares Outstanding (Diluted)	1,000	1,000	1,000	1,000	1,000	1,000
EPS (Basic)	-0.03	-0.02	0.02	0.01	0.03	0.04
EPS (Diluted)	-0.03	-0.02	0.02	0.01	0.03	0.04
EPS Growth	-	-	105.35%	-73.60%	-19.75%	-
Free Cash Flow	16.37	52.31	52.08	47.16	83.15	65.58
Free Cash Flow Per Share	0.02	0.05	0.05	0.05	0.08	0.07
Dividend Per Share	-	-	0.020	-	0.025	0.030
Dividend Growth	-	-	-	-	-16.67%	-
Gross Margin	5.73%	7.08%	11.41%	9.02%	15.27%	14.52%
Operating Margin	-6.08%	-3.08%	3.36%	-0.32%	7.75%	5.67%
Profit Margin	-6.67%	-3.58%	2.71%	1.69%	6.25%	9.92%
Free Cash Flow Margin	3.48%	9.45%	8.02%	9.28%	15.98%	16.05%
EBITDA	-17.66	-7.71	28.3	4.97	47.89	31.27
EBITDA Margin	-3.75%	-1.39%	4.36%	0.98%	9.21%	7.66%
D&A For EBITDA	10.98	9.35	6.44	6.57	7.59	8.1
EBIT	-28.65	-17.06	21.86	-1.6	40.3	23.17
EBIT Margin	-6.08%	-3.08%	3.36%	-0.32%	7.75%	5.67%
Effective Tax Rate	-	-	17.89%	-	16.66%	3.88%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.