SINCERE (00244) announced its financial results for the year ended December 31, 2025. The group recorded revenue of HK$134 million, representing an increase of 2.21% compared to the previous year. The loss attributable to the company's equity holders was HK$64.099 million, which widened by 59.69% year-on-year. The loss per share was HK$0.05.

During the 2025 fiscal year, the group's department store business generated revenue of approximately HK$134 million (2024 fiscal year: approximately HK$131 million), marking an increase of about 2.0% compared to the 2024 fiscal year. This increase was primarily due to the group extending promotional activities and implementing price reductions in response to the weak consumer and retail market in Hong Kong during the 2025 fiscal year. These measures led to a decline in the gross profit margin. Consequently, the overall segment loss increased to approximately HK$40.8 million, compared to about HK$39.3 million in the 2024 fiscal year, representing an increase in loss of approximately HK$1.5 million, or 3.8%.