PAK TAK INT'L (02668) announced its financial results for 2025. The company recorded revenue of approximately HK$769 million, representing an increase of 14% year-on-year. The net loss attributable to equity shareholders was about HK$238 million, which widened by 4.05% compared to the previous year. The loss per share was HK4.24 cents.

The increase in loss was primarily attributable to several factors: (i) a significant rise of HK$80.5 million in expected credit losses on trade receivables and other receivables; (ii) an increase in overall costs, including direct costs as well as operational and administrative expenses, following the completion of an acquisition in the mining business; (iii) a rise in finance costs of HK$27.4 million, mainly due to bank borrowings associated with the mining operations; and (iv) an increase in fair value losses on investment properties of HK$26.2 million.

These increases were partially offset by a substantial reduction of HK$164.6 million in goodwill impairment losses that were recorded in 2024.