China-Hongkong Photo Products Holdings Limited reported a revenue of HK$506 million for the six months ended 30 September 2025, marking a 5.6% decline year-on-year. Despite this drop, net profit attributable to shareholders rose to HK$8.7 million, up from HK$7.1 million in the same period last year. Basic earnings per share were HK0.73 cents, compared with HK0.60 cents previously. The board did not recommend any interim dividend.

Gross margin held steady despite weaker sales in consumer electronics and certain professional AV products, aided by a stronger performance in FUJIFILM photographic products. The Group’s overall financial position remained robust, with cash and bank balances, alongside time deposits, totaling HK$230 million. Inventories stood at HK$185 million, and trade receivables amounted to HK$51 million.

In its merchandising businesses, the FUJIFILM segment recorded notable growth driven by strong demand for digital and instant cameras. Consumer electronic products and household appliances saw a decline, as did B-to-B commercial and professional AV products, reflecting the challenging market environment. Skincare product sales were slightly lower, partly attributed to intensified parallel imports.

In the servicing division, professional AV advisory and custom design services achieved significant growth due to revenue recognition from a major hospital project. Photofinishing and imaging services experienced weather-related disruptions and a post-pandemic normalization of consumer demand. The new FUJIFILM House of Photography is expected to foster community engagement and future revenue streams.

Management remains focused on expanding high-performing product lines, strengthening partnerships, and implementing cost controls in view of ongoing economic uncertainties. The Group continues to balance its portfolio, aiming to maintain profitability while navigating current market conditions.