Moiselle International Holdings Reports 25.2% Drop in Revenue and Increased Losses for Fiscal Year Ending March 2025

Reuters
06/30
Moiselle International Holdings Reports 25.2% Drop in Revenue and Increased Losses for Fiscal Year Ending March 2025

Moiselle International Holdings Limited has announced its consolidated financial results for the year ended 31 March 2025. The Group reported a revenue of HK$102.722 million, a decrease from the HK$137.311 million recorded in the previous year. The cost of sales decreased to HK$20.430 million from HK$26.827 million, leading to a gross profit of HK$82.292 million, down from HK$110.484 million in the prior year. The Group experienced other gains and losses amounting to HK$2.026 million, contrasting with a loss of HK$4.491 million in the previous year. Distribution and selling expenses decreased to HK$78.930 million from HK$84.048 million, while administrative and other operating expenses also saw a reduction to HK$54.513 million from HK$57.373 million. The Group reported a loss from operations of HK$45.811 million, which increased from the HK$29.286 million loss in the previous year. Additionally, there was a loss on changes in fair value of investment properties of HK$8.352 million, compared to a loss of HK$16.136 million the previous year. The Group's operations in Mainland China saw a revenue decline of 20% to HK$25.012 million, attributed to a sluggish economy and challenges such as high interest rates and a property sector crisis. This decline was at a faster pace compared to the 10% decrease reported in the first half of the year. As of 31 March 2025, the Group operated 7 MOISELLE, 2 m.d.m.s., 2 LANCASTER, and 2 M CONZEPT retail stores, as well as one outlet, reflecting a slight expansion from the previous year.

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. Moiselle International Holdings Limited published the original content used to generate this news brief on June 30, 2025, and is solely responsible for the information contained therein.

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