ANXIANYUAN CH (00922) has announced its full-year financial results for the period ending March 31, 2026. The group reported a revenue of HK$196 million, representing a decline of 16.99% compared to the previous year.
The company recorded a loss attributable to owners of HK$116 million, marking a reversal from a profit in the prior corresponding period. The loss per share was HK5.22 cents.
According to the announcement, the decreases in both revenue and gross profit were primarily due to two key factors. Firstly, the average selling price of cemetery plots sold during the period decreased by 20% compared to the previous year.
Secondly, the company paid Value-Added Tax (VAT) of HK$14.5 million on the sales of cemetery plots and funeral services, a significant increase from the approximately HK$0.4 million paid in the 2025 financial year.