Asia Grocery Distribution Limited (Stock Code: 8413) reported interim results for the six months ended 30 September 2025. Revenue reached approximately HK$137.07 million, compared to about HK$148.29 million for the same period in 2024, reflecting a decline of around 7.6%. The company attributed the decrease primarily to moderated post-pandemic demand and heightened market competition.

Loss attributable to owners of the company expanded to roughly HK$377,000, compared to around HK$97,000 in the same period last year. Management stated that factors such as rising operating costs and written-off obsolete stock contributed to the increased loss. Gross profit decreased from about HK$32.14 million to HK$29.27 million, while gross profit margin moved slightly from 21.7% to 21.4%.

Selling and distribution costs declined, aligning with slower sales, and administrative expenses also decreased from about HK$16.58 million to HK$15.68 million, partly due to reduced professional fees. Finance costs, consisting mainly of interest expenses on lease liabilities, fell by around 34.6% to HK$204,000. The company recommended no interim dividend for the reporting period.

During the period, total equity stood at about HK$99.56 million, with a gearing ratio of around 6.2%, compared to 4.8% as at 31 March 2025. Cash and cash equivalents were approximately HK$67.75 million at the period end. The company noted it will continue strategic reviews to manage ongoing uncertainties in the food and beverage distribution market.