Man Wah Holdings Limited has announced its audited consolidated financial results for the fiscal year ended 31 March 2025. The company reported a total revenue of HK$16.9 billion, a decrease from HK$18.4 billion in the previous year. This decline reflects a challenging market environment. The gross profit for the year was HK$6.8 billion, down from HK$7.2 billion in 2024. The profit attributable to equity owners of the company was HK$2.06 billion for 2025, compared to HK$2.3 billion in the prior year, highlighting a reduction in net income. The basic earnings per share for the year also decreased from 59.09 HK cents in 2024 to 53.19 HK cents in 2025. Segment-wise, the sofas and ancillary products segment generated HK$11.7 billion in external sales, while the bedding and ancillary products brought in HK$2.4 billion. Other products and businesses contributed to the total revenue as well, indicating a diverse portfolio despite the overall revenue decline. Other losses amounted to HK$541 million, a significant increase from the HK$304 million reported in the previous year. The company's selling and distribution expenses were HK$3.07 billion, along with administrative and other expenses totaling HK$750 million. These figures reflect the company's ongoing operational challenges in managing costs and maintaining profitability amidst a fluctuating economic landscape.