Addentax Group Corp. reported its financial results for the nine months ending December 31, 2025, revealing a total revenue of $2.62 million, a 2.8% increase from $2.55 million in the same period of 2024. The growth was primarily driven by a $0.3 million increase in revenue from logistics services, which accounted for approximately 98.6% of total revenue. In contrast, revenue from the garment manufacturing segment decreased significantly, contributing only $37,595, down from $268,845 in the prior year, largely due to reduced order volumes and heightened market competition.
The company's gross profit for the nine-month period was $710,474, representing a 23.3% decline from $925,725 in the previous year. This decrease was attributed to rising costs in the logistics segment, particularly fuel and toll expenses, which increased by 27.2% year-over-year. Operating expenses also rose to $1.58 million, up 11.8% from $1.42 million, leading to a loss from operations of $873,516 compared to a loss of $490,574 in the prior year. The net loss for the period was $4.69 million, compared to a loss of $3.03 million in the same period of 2024.
In terms of operational developments, Addentax Group has made strategic adjustments in its garment manufacturing segment, including a shift to outsourcing production, which has impacted both revenue and cost structures. The company disposed of its subsidiary, Dongguan Aotesi Garments Co., Ltd., in May 2025, and its property management and subleasing business was classified as discontinued operations following the sale of Dongguan Hongxiang Commercial Co., Ltd. in July 2025. These changes reflect a strategic pivot to streamline operations and focus on core competencies.
As of December 31, 2025, Addentax Group's total assets were reported at $28.25 million, a significant decrease from $49.17 million at the end of the previous fiscal year. Current liabilities also decreased to $1.29 million from $3.95 million, primarily due to the reduction in operating lease liabilities and the repayment of short-term loans. The company had cash and cash equivalents of approximately $238,466, down from $324,953 at the end of March 2025.
Looking ahead, Addentax Group aims to enhance its logistics services and expand its customer base in the garment manufacturing sector. The company is also exploring potential strategic acquisitions, including a digital lending platform and a wealth management business, which could further diversify its operations and revenue streams. The management remains optimistic about future growth, contingent on improving market conditions and effective execution of its strategic initiatives.
About ADDENTAX GROUP CORP.
Addentax Group Corp. is a Nevada-based holding company primarily engaged in garment manufacturing, logistics services, and property management in China. With a focus on cost-effective production and stringent quality control, it serves garment wholesalers and retailers. The company aims to expand its logistics network and develop its own fashion brands targeting teenagers. Addentax is navigating regulatory challenges while leveraging its strategic location in Guangdong province to enhance operational efficiency.
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