FOUR SEAS MER (00374) announced that it expects to report a profit attributable to shareholders of HKD 11 million to HKD 15 million for the six months ending September 30, 2025, compared to approximately HKD 20 million for the same period in 2024. The decline in profit is primarily attributed to weak consumer confidence in Hong Kong and mainland China, creating a challenging business environment.
Despite the estimated interim profit being lower year-on-year, it is expected to exceed the full-year profit attributable to shareholders of around HKD 10 million for the fiscal year ending March 31, 2025. This improvement highlights the effectiveness of the group's competitive pricing strategy, supported by its strong brand foundation and robust procurement capabilities in sustaining profitability.
During the interim period, the group continued to develop new products, with growing consumer demand for its imported Japanese ice cream series, particularly the OHAYO caramel pudding ice cream. Other popular products contributing to market momentum include Calbee Hot & Spicy Prawn Crackers and Pokka Sapporo beverages targeting edema relief and fatigue reduction.