CASABLANCA (02223) announced its interim results for 2025, reporting revenue of approximately HK$109 million, representing a 3.5% decrease year-on-year. Gross profit stood at HK$72.693 million, down 2.7% compared to the same period last year. The company recorded an owners' attributable loss of HK$12.218 million for the period, marking a 39.4% increase year-on-year. Loss per share was HK$0.0474.

According to the announcement, the revenue decline was primarily attributed to reduced sales in Hong Kong and Macau. During the period, self-operated retail sales totaled HK$81 million, accounting for approximately 74.4% of total revenue, declining 4.6% year-on-year due to weak consumer sentiment in Hong Kong as many residents traveled overseas or to mainland China.

E-commerce sales during the period amounted to HK$12.2 million, remaining essentially flat compared to the previous year. Distributor sales dropped 26.6% to HK$5.4 million as distributors faced similarly challenging operating conditions. Other business sales increased 21.5% to HK$10.4 million, driven by improved wholesale sales in mainland China.