FOUNTAIN SET (00420) Announces Interim Results with Profit Attributable to Owners of HK$30.67 Million, Turning from Loss to Profit Year-on-Year

Stock News
2025/08/21

FOUNTAIN SET (00420) announced its interim results for 2025, reporting revenue of approximately HK$1.937 billion, representing a 12.7% year-on-year decrease. The company recorded a profit attributable to owners of HK$30.67 million, marking a turnaround from loss to profit compared to the same period last year, with earnings per share of 2.5 HK cents.

According to the announcement, the performance improvement was primarily attributed to several factors: strengthening customer management by stabilizing existing clients and developing new customers, while actively reducing procurement costs to enhance overall business gross margins and profit contributions. The company utilized information systems as management tools with the goal of improving product quality, continuously reducing factory production consumption and lowering production costs.

Additionally, the group continued to promote lean management practices to reduce costs and increase efficiency, resulting in further decreases in transportation and labor expenses. The company also actively conducted monitoring of inventory and accounts receivable, proactively utilizing long-aged inventory and collecting various outstanding receivables.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

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