MOS House Group Ltd. Reports 10.8% Drop in Annual Revenue, Tiles Sales Down by 21%

Reuters
06/27
MOS House Group Ltd. Reports 10.8% Drop in Annual Revenue, Tiles Sales Down by 21%

MOS House Group Ltd. has announced its final results for the year ended 31 March 2025. The company's total revenue decreased to HK$109.393 million from HK$122.577 million in the previous year. Revenue from contracts with customers, including the sale of tiles and bathroom fixtures, fell to HK$108.913 million from HK$122.097 million. The decline was mainly due to a reduction in retail sales, which dropped to HK$36.899 million from HK$58.875 million, while non-retail sales increased to HK$72.014 million from HK$63.222 million. Other income, gains, and losses saw an increase, totaling HK$4.607 million compared to HK$2.396 million in the previous year. Notably, the company recorded a fair value loss on investment properties amounting to HK$8.280 million, contrasting with a gain of HK$0.280 million in the prior year. The cost of inventories sold also rose significantly to HK$54.408 million from HK$42.429 million. The consolidated statement of profit or loss highlighted a reversal of impairment loss under the expected credit loss model on trade receivables, netting a gain of HK$1.870 million compared to a loss of HK$1.455 million in the previous year. The results reflect a challenging year with variations in sales channels and property valuations affecting overall performance. The company has not provided specific guidance or outlook for the upcoming period.

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. MOS House Group Ltd. published the original content used to generate this news brief on June 27, 2025, and is solely responsible for the information contained therein.

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。

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