Hung Fook Tong Group Holdings 1H2025 Revenue Down 5.1% to HK$292.3 Million; Net Loss Attributable to Owners Widens to HK$10.9 Million

Reuters
09/29
Hung Fook Tong Group Holdings 1H2025 Revenue Down 5.1% to HK$292.3 Million; Net Loss Attributable to Owners Widens to HK$10.9 Million

Hung Fook Tong Group Holdings Ltd. reported revenue of HK$292.3 million for the six months ended 30 June 2025, a decrease of 5.1% from HK$308.0 million in the same period of 2024. The Group's Hong Kong retail segment generated HK$226.5 million in revenue, down 4.2% from HK$236.3 million in the prior-year period. The wholesale business reported revenue of HK$65.8 million, representing a decline of 8.2% compared to HK$71.7 million in the first half of 2024. Gross profit for the period was HK$177.1 million, compared to HK$181.5 million for the first half of 2024, while the gross profit margin increased to 60.6% from 58.9%. The Group recorded a loss attributable to owners of the company of HK$10.9 million, compared to a loss of HK$7.9 million for the same period last year. As of 30 June 2025, Hung Fook Tong Group Holdings Ltd. reported cash and cash equivalents of HK$117.0 million and unutilised banking facilities of HK$83.4 million. The company stated it remains focused on expanding into new markets and maintaining quality standards while highlighting ongoing efforts to control costs and improve production efficiency. The Group noted its readiness to pursue new growth opportunities as market conditions recover.

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. Hung Fook Tong Group Holdings Ltd. published the original content used to generate this news brief on September 29, 2025, and is solely responsible for the information contained therein.

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