| Other net income |
7Other net income | | | | | | | | | | | For the year | | For the six | | For the year | | For the year | | | ended | | months ended | | ended | | ended | | | June 30, | | December 31, | | December 31, | | December 31, | | | 2023 | | 2023 | | 2024 | | 2025 | | | RMB’000 | | RMB’000 | | RMB’000 | | RMB’000 | Net foreign exchange gain/(losses) (i) | | 109,095 | | (15,025) | | (33,730) | | (19,357) | (Losses)/gain on disposal of property, plants and equipment and intangible assets | | (5,350) | | (1,632) | | (2,534) | | 7,275 | Investment income from other investments | | 42,921 | | 14,281 | | 81,145 | | 103,675 | Gains on revaluation of the previously held equity-accounted investees | | — | | — | | — | | 8,600 | Scrap income | | 12,137 | | 5,912 | | 10,742 | | 11,935 | Net change in fair value of other investments | | (3,692) | | 14,270 | | 29,930 | | 77,227 | (Provision)/reversal of litigation compensation (ii) | | (37,710) | | 408 | | 300 | | — | Gains relating to cancellation and modification of lease contracts | | 193 | | 4,821 | | 15,201 | | 12,123 | Gain on disposal of a subsidiary | | — | | — | | 8,759 | | 194 | Others | | (3,488) | | (1,930) | | 4,883 | | (6,062) | | | 114,106 | | 21,105 | | 114,696 | | 195,610 |
Notes: | (i) | Net foreign exchange gain for the year ended June 30, 2023 was mainly caused by the appreciation of US dollar against Renminbi in certain subsidiaries whose functional currency are Renminbi whereas its holding net assets were mainly denominated in US dollar, which mainly comprised of the US dollar cash and cash equivalents and trade and other receivables. |
| (ii) | Litigation compensation for the year ended June 30, 2023 mainly represented the provisions made for the lawsuits relating to employees’ compensation and illicit competition. |
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