Universal Technologies Holdings (HKG:1026) reported a net loss attributable to shareholders of HK$69.1 million for the year ended Dec. 31, compared with HK$137.3 million in the previous year, according to a Friday filing with the Hong Kong stock exchange.

Loss per share was HK$0.0125, compared with HK$0.0249 in the prior-year period.

The company's revenue was HK$331 million, a 3.7% increase compared with HK$319.1 million the previous year.

The company's shares were up almost 10% in recent trading.