Jul. 25 at 4:10 PM
$RAY Announces Fiscal Year 2025 Financial Results and the Filing of Its Annual Report on Form 20-F
Raytech Holding Limited, a Hong Kong-based company specializing in design, sourcing, and wholesale of personal care electrical appliances for international brand owners, has announced its financial results for the fiscal year ended March 31, 2025.
📊 Key Financial Highlights:
*Revenue grew 17.6% year-over-year to HK
$78.7 million (US
$10.1M)
*Net income of HK
$8.3 million (US
$1.1M) with a net margin of 10.5%
*Cash and cash equivalents surged 136.5% to HK
$84.9 million (US
$10.9M)
*Net current assets rose to HK
$76.9 million (US
$9.9M), up from HK
$25.8 million the prior year
📈 Growth Drivers:
*Trimmer series revenue grew 48.0%
*Hair styling series revenue rose 18.2%
*Operational efficiency and faster customer payments contributed to reduced accounts receivable and improved margins
📄 Raytech’s full Form 20-F is now filed with the U.S. SEC.
PR:https://finance.yahoo.com/news/raytech-holding-limited-announces-fiscal-154600185.html
#Earnings #Fiscal2025 #IECIR