IPE GROUP (00929) announced its interim results for 2025, reporting revenue of approximately HK$488 million, a decrease of 2.9% year-on-year. Profit attributable to equity shareholders was HK$2.205 million, down 7.28% compared to the same period last year. Earnings per share stood at HK$0.2 cents.
Despite the decline in total sales for the first half of this year compared to the same period last year, changes in business mix and the implementation of cost reduction measures including enhanced automation helped offset the negative impact of declining sales on gross profit. For the first half of 2025, gross profit reached approximately HK$137 million with a gross margin of 28.1%, representing an increase of 0.2% year-on-year, maintaining the gross margin at the same level as the corresponding period.