Ulferts International Limited (Stock Code: 1711) published its unaudited results for the six months ended 30 September 2025. The Group’s revenue declined to HK$66.8 million from HK$79.4 million in the same period last year, while gross profit dropped from HK$46.3 million to HK$37.2 million. Despite the challenging environment, net loss narrowed significantly to HK$2.7 million, compared with HK$11.1 million a year ago.

According to the announcement, the retail segment continued to be the major revenue contributor, reaching HK$62.6 million and accounting for 93.8% of total revenue. Within this segment, “Ulferts” and “Ulferts Signature” collectively brought in HK$26.9 million, while “at • home” contributed HK$18.7 million. The mattress labels “Slumberland” and “Ulfenbo” recorded an aggregate retail sales revenue of HK$17.0 million. Basic loss per share was HK0.33 cent, down from HK1.39 cents in the prior period.

Management stated that continued economic headwinds have dampened consumer sentiment, although ongoing cost-saving initiatives and prudent strategies helped narrow losses. Looking ahead, the Group intends to further optimize its product offerings and strengthen its promotional efforts, while closely monitoring market conditions. Cash and cash equivalents stood at HK$22.2 million as of 30 September 2025 with no bank borrowings on the books, providing the Group with financial flexibility. Additionally, the company noted a new master leasing agreement entered into on 16 October 2025, aimed at governing tenancy arrangements with related parties through 31 March 2027.