XH NEWS MEDIA Reports Widened Annual Loss of HK$13.31 Million

Stock News
Jun 29

XH NEWS MEDIA (HKEX: 00309) has announced its financial results for the year ended March 31, 2026. The company reported a slight decrease in revenue, which fell by 0.5% to HK$358 million.

The annual loss attributable to shareholders was HK$13.312 million, a significant increase of 78.8% compared to the previous year. The basic loss per share was HK$0.2757.

The marginal decline in revenue for the period was primarily attributed to a slowdown in the performance of the cleaning division, despite stable demand from major clients.

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