IFBH (06603) has announced that the group expects its net profit for 2025 to decrease by approximately 27% to 32% compared to the same period in 2024. Additionally, the adjusted net profit for the current year is projected to be about 20% to 25% lower than the previous year. The board attributes the anticipated decline in both net profit and adjusted net profit to a combination of operational and strategic factors. Performance of Innococo, one of the company's smaller brands, has been affected by temporary operational challenges, rather than a significant change in underlying product demand, leading to a substantial year-on-year revenue drop that has impacted the group's overall revenue growth. Furthermore, the group's gross profit margin was adversely affected by unfavorable foreign exchange movements during the period. Concurrently, strategic marketing investments were made in Innococo, including the appointment of a new brand ambassador and promotional activities for product launches, aimed at strengthening the brand's market position and driving future growth. The group has implemented strategic measures to enhance operations and improve execution capabilities to support Innococo's sustainable growth going forward.