CHANGHONG JH (03991) has reported its financial results for the year, posting revenue of approximately HK$43.826 billion, an increase of 9.6% compared to the previous year. Net profit amounted to around HK$401 million, marking a 5.69% year-on-year growth. Earnings per share were HK15.59 cents.

The company stated that it has continuously strengthened its fundamental management and enhanced the development of its digital and intelligent systems, alongside optimizing business processes. By leveraging advanced technologies such as artificial intelligence and big data, the group has built an intelligent commercial system to improve operational quality and efficiency, drive business innovation, and accurately meet the personalized and customized needs of its ecosystem partners, thereby comprehensively upgrading its intelligent distribution service capabilities.

The group has also maintained a strong focus on risk control, adhering to strict inventory management, credit management, and accounts receivable management. It has effectively allocated funds and accelerated capital turnover to ensure the security and efficiency of its working capital.

Furthermore, CHANGHONG JH has continued to reinforce its expense control measures. Distribution and selling expenses increased compared to the same period last year, primarily due to higher operational costs associated with its e-commerce business. In contrast, administrative expenses decreased year-on-year, mainly because of the recovery of legal fees from a previously won lawsuit. Financing costs also declined compared to the prior year, largely attributable to a reduction in interest expenses.