TSIT WING INTL (02119) Announces Interim Results with Net Profit of Approximately HK$24.9 Million, Down 31.0% YoY

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Aug 14

TSIT WING INTL (02119) announced its 2025 interim results, with revenue of approximately HK$380 million, representing an 8.9% year-on-year increase. Gross profit was approximately HK$116 million, down 7.1% year-on-year. Net profit was approximately HK$24.9 million, declining 31.0% year-on-year. Earnings per share stood at HK$0.0345. The announcement stated that the revenue growth was primarily attributed to increased sales of coffee and tea products by the Group in Hong Kong, mainly due to price adjustments made in response to significant increases in coffee bean commodity prices.

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Gross profit was approximately HK$116 million, down 7.1% year-on-year. Net profit was approximately HK$24.9 million, declining 31.0% year-on-year. Earnings per share stood at HK$0.0345. 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