TAKBO GROUP (08436) announced its interim results for the six months ended June 30, 2025, reporting revenue of HK$68.251 million, representing a year-over-year decrease of 11.5%. Net profit reached HK$3.347 million, down 35.9% compared to the same period last year. Basic earnings per share stood at HK$0.84 cents.
The decline in revenue during the period was primarily attributed to the impact of US import tariffs on Chinese products imposed several years ago, which affected the US market. Some US customers require time to transition their procurement from the group to non-Chinese suppliers, and the situation was further exacerbated by additional tariffs imposed by the US at the beginning of the year.