G-Vision International (Holdings) Limited (657) Announces 2025/26 Interim Results

Bulletin Express
2025/12/01

G-Vision International (Holdings) Limited (657) reported a revenue of approximately HK$20.6 million for the six months ended 30 September 2025, down 14.8% from around HK$24.2 million in the same period last year. The company recorded a net loss of about HK$6.7 million, compared with a loss of roughly HK$3.4 million in the previous corresponding period.

The revenue decline was predominantly attributed to challenging market conditions and weaker consumer sentiment, notably at the Tsimshatsui branch. Meanwhile, the Kwun Tong branch faced substantial headwinds tied to changing consumer habits and reduced foot traffic. Faced with persistently low customer numbers, the group entered into a surrender agreement on 8 October 2025 to return the Kwun Tong premises and ceased operations at that location.

During the reporting period, the group’s gross profit declined from about HK$17.4 million to HK$14.5 million, influenced by lower sales and a slight drop in gross profit margin. Staff costs decreased from around HK$11.6 million to HK$11.2 million, partly due to reduced part-time staffing. Other operating expenses reached approximately HK$7.0 million, and the company noted a reduction in professional fees countered by higher repair and maintenance costs.

As of 30 September 2025, G-Vision International (Holdings) Limited had bank and cash balances of about HK$30.1 million. No interim dividend was recommended. The group indicated that it is actively seeking a new restaurant site following the closure of the Kwun Tong branch and is focusing on further strengthening its Tsimshatsui operations through staffing reallocation, extended business hours, and promotional campaigns.

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