Hi-Great Group net loss widens to $87,208 in FY25; revenue falls 46.6% to $36,958
HI-GREAT GROUP HOLDING COMPANY HIGR | 0.00 |
- Hi-Great Group posted a net loss of $87,208 for fiscal 2025, widening from a net loss of $48,616 a year earlier.
- Revenue fell to $36,958 from $69,210, while cost of sales declined to $19,720 from $35,243.
- Cash used in operating activities increased to $89,608 from $36,800, while financing activities generated $87,990 versus $34,660 used a year earlier.
- Professional fees dropped to $37,421 from $50,050 on lower services and accounting expenses; amortization expense slid to $6,454 from $20,673 due to lease expiration.
- Management said the next 12 months will focus on online nutritional health supplement sales and building out the Harvest Island Garden Resort.
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. Hi-Great Group Holding Co. 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: 0001213900-26-061133), on May 27, 2026, and is solely responsible for the information contained therein.
