MOS House Group Ltd. Reports 10.8% Drop in Annual Revenue, Tiles Sales Down by 21%

Reuters
2025/06/27
MOS House Group Ltd. Reports 10.8% Drop in Annual Revenue, Tiles Sales Down by 21%

MOS House Group Ltd. has announced its final results for the year ended 31 March 2025. The company's total revenue decreased to HK$109.393 million from HK$122.577 million in the previous year. Revenue from contracts with customers, including the sale of tiles and bathroom fixtures, fell to HK$108.913 million from HK$122.097 million. The decline was mainly due to a reduction in retail sales, which dropped to HK$36.899 million from HK$58.875 million, while non-retail sales increased to HK$72.014 million from HK$63.222 million. Other income, gains, and losses saw an increase, totaling HK$4.607 million compared to HK$2.396 million in the previous year. Notably, the company recorded a fair value loss on investment properties amounting to HK$8.280 million, contrasting with a gain of HK$0.280 million in the prior year. The cost of inventories sold also rose significantly to HK$54.408 million from HK$42.429 million. The consolidated statement of profit or loss highlighted a reversal of impairment loss under the expected credit loss model on trade receivables, netting a gain of HK$1.870 million compared to a loss of HK$1.455 million in the previous year. The results reflect a challenging year with variations in sales channels and property valuations affecting overall performance. The company has not provided specific guidance or outlook for the upcoming period.

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. MOS House Group Ltd. published the original content used to generate this news brief on June 27, 2025, and is solely responsible for the information contained therein.

应版权方要求,你需要登录查看该内容

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