Zhaobangji Lifestyle net loss jumps to HK$77.8m

Zhaobangji Lifestyle Holdings Limited reported a net loss of HK$77.8 million for the year ended 31 March 2025, up from HK$28.0 million previously. Revenue dropped 26.1% to HK$197.9 million from HK$267.7 million.

The decline was driven by a HK$33.6 million reduction in leasing revenue, HK$20.0 million drop in construction machinery sales, and HK$16.5 million decrease in retail indoor arcade revenue.

Gross profit fell 49.1% to HK$21.0 million, with margins dropping from 15.4% to 10.6%. Other losses surged HK$29.6 million to HK$43.3 million due to equipment impairments and disposal losses.