LAM SOON (HK) (00411) Announces Annual Results with Net Profit of HK$303 Million, Up 51% Year-on-Year

Stock News
09/16

LAM SOON (HK) (00411) announced its annual results for the year ended June 30, 2025, reporting revenue of HK$4.829 billion, remaining essentially flat compared to the previous year. Gross profit reached HK$1.119 billion, representing a 10% year-on-year increase. Annual profit surged to HK$303 million, marking a substantial 51% growth compared to the prior year. Basic earnings per share stood at HK$1.29, with the company proposing a final dividend of HK$0.33 per share.

During the 2024/25 fiscal year, the group faced challenging market conditions characterized by sluggish demand, consumer downgrading, and intense market competition. To maintain sales volume and consolidate market share, the group implemented selective price adjustments. Meanwhile, the decline in wheat and edible oil prices compared to the previous year provided some relief to the company. The group's flexible procurement strategy and prudent management of operating expenses played a crucial role in safeguarding profit margins and profitability.

Simultaneously, the group actively promoted various initiatives to strengthen its talent pool, enhance digital and research & development infrastructure, and explore new product development to support long-term growth prospects.

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