Fuxing China Group Reports 15.6% Revenue Increase in Mainland China; Net Income Swings to $0.6M Loss for Fiscal Year Ending March 2025
Fuxing China Group Limited reported a 15.6% revenue increase in Mainland China for the fiscal year ending March 31, 2025. However, the company faced a net loss of approximately $0.6 million, a significant decline from a profit of $1.1 million in the previous fiscal year. The decrease in net income was about $1.6 million, or 154.3%. The company specializes in zipper product manufacturing and operates under a 25% income tax rate in China. No major updates on business operations were provided.
Fuxing China Group Limited reported its financial results for the fiscal year ending March 31, 2025. The company experienced a significant downturn in net income, transitioning from a profit of approximately $1.1 million in the fiscal year ended March 31, 2024, to a net loss of approximately $0.6 million for the fiscal year ended March 31, 2025. This marks a decrease of about $1.6 million, or 154.3%. The group’s operations are primarily based in the People’s Republic of China, where it is subject to an income tax rate of 25% on its chargeable income. There were no tax obligations from other jurisdictions or unresolved tax issues reported for the fiscal years ended March 31, 2024, and 2025. Fuxing China Group Limited specializes in the customization and manufacturing of zipper products, recognizing revenue at the point when control of the goods is transferred to the customer. No significant updates on business operations or outlook guidance were provided in the report. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fuxing China Group Limited published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001929980-25-000575), on July 31, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
