NEW AMANTE announced its annual performance, with a loss attributable to owners of HKD 4.882 million, a year-on-year decrease of 71.52%
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NEW AMANTE announced its annual results for the year ending May 31, 2025, with revenue of approximately HKD 38.838 million, a decrease of 56.5% year-on-year. The loss attributable to the company's owners was HKD 4.882 million, a decrease of 71.52% year-on-year. The decline in revenue was mainly due to the closure of the evening club "FAYE" on August 4, 2024, while the improvement in losses was attributed to reduced marketing and employee costs due to the closure, as well as a decrease in property rental and related expenses from the sale of the Wanchai Amante Shop and the reversal of trade receivables from last year
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