Wah Sun Handbags Reports 21.8% Increase in Revenue to HK$724.1 Million for Fiscal Year Ending March 2025

Reuters
06/23
Wah Sun Handbags Reports 21.8% Increase in Revenue to HK$724.1 Million for Fiscal Year Ending March 2025

Wah Sun Handbags International Holdings Ltd. has announced its audited consolidated results for the year ended 31 March 2025. The company reported a significant increase in revenue, which rose by approximately 21.8% to HK$724.1 million, compared to HK$594.4 million in the previous year. Gross profit also saw a substantial rise of approximately 52.0%, reaching HK$159.6 million, up from HK$105.0 million in the prior year. The gross profit margin improved by approximately 4.3%, reaching 22.0% from 17.7% the previous year. The company's profit before income tax increased to HK$82.5 million from HK$32.9 million in the previous year. After accounting for income tax expenses of HK$15.7 million, the profit for the year amounted to HK$66.8 million, a significant increase from HK$27.2 million in the previous year. Profit attributable to the owners of the company was HK$64.3 million, compared to HK$28.5 million in the previous year. Basic and diluted earnings per share for the year rose to 15.7 HK cents from 7.0 HK cents in the previous year. The company also reported a reversal of provision for impairment of trade receivables amounting to HK$38,000 for the year, compared to a provision for impairment of HK$2.7 million in the previous year. No specific outlook or guidance has been provided for future periods.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Wah Sun Handbags International Holdings Ltd. published the original content used to generate this news brief on June 23, 2025, and is solely responsible for the information contained therein.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10