MS GROUP HLDGS (01451) announced that, based on a preliminary assessment of the Group's available information, including its unaudited consolidated management accounts for the fiscal year ending December 31, 2025 (FY2025), the Group expects to achieve: consolidated revenue of approximately HK$290 million to HK$300 million for FY2025, a decrease of about 29% to 31% compared to approximately HK$421 million for the fiscal year ended December 31, 2024 (FY2024); and profit attributable to shareholders of approximately HK$25 million to HK$31 million for FY2025, a decrease of about 37% to 49% compared to HK$49 million in FY2024.
The Board primarily attributes this expected decrease to a reduction in sales orders from OEM business customers during the second half of FY2025. The core products of the Group's OEM business are manufactured at its production bases located in the People's Republic of China, primarily targeting the U.S. market. Amid ongoing trade tensions between the two countries, the imposition of additional U.S. tariffs on Chinese products has significantly impacted the Group's OEM operations.
Shareholders should note that the Group is facing an environment of extreme volatility in the current business climate, driven by factors including, but not limited to, the trade and tariff policies implemented by the U.S. government and their unpredictable adjustments.