Fulum Group Holdings Limited reported revenue of approximately HK$717.0 million for the six months ended 30 September 2025, representing a decrease of about 16.1% from the corresponding period in 2024. The gross profit margin rose to 74.3%, compared with 71.7% for the same period last year. Loss attributable to owners was approximately HK$34.6 million, narrowing from the HK$40.6 million recorded a year earlier. Basic loss per share stood at HK2.66 cents, down from HK3.13 cents.
The company attributed the decline in revenue mainly to the slow recovery in consumer sentiment. Its restaurant operations in Hong Kong and Mainland China continued to adjust their branch portfolio by optimizing underperforming locations and adopting measures to boost operational efficiency. Despite the revenue decrease, the improved gross profit margin was partly driven by tighter cost controls and operational streamlining.
Staff costs decreased, reflecting the reduced number of operating restaurants and continued emphasis on productivity. Depreciation expenses also dropped, due to a decrease in the number of restaurants under operation. The company maintained cash and cash equivalents at HK$68.1 million, while total bank borrowings stood at HK$243.4 million. It expects ongoing uncertainties in consumer sentiment and input costs but remains focused on enhancing efficiency and exploring new market opportunities.
The board has resolved not to declare the payment of any interim dividend for the period. The company stated that it continues to review and refine its market strategy, aiming to bolster performance and create long-term shareholder value.