Top Form International (HKG:0333) recorded a 25% year-over-year decline in sales to HK$236.3 million in the first quarter of the fiscal year ending June 30, a Monday Hong Kong bourse filing said.

The lower sales reflect a drop in demand amid an uncertain trade environment and hedging against the potential impacts of volatile US tariff policies.

Of the total, 74% sales were made to customers in the US, 10% to those in Europe, and 16% to the full-service design and supply chain company's clients from the rest of the world.

Production from overseas manufacturing facilities in Asia excluding China accounted for 87% of the global output in the quarter, with China accounting for the remaining 13%.