VIVA GOODS (00933) announced its interim results for 2025, reporting revenue of approximately HK$4.81 billion, representing a 5.7% decrease compared to the same period last year. Gross profit reached approximately HK$2.206 billion, down 7% year-on-year. Profit attributable to equity holders of the company stood at HK$181.5 million, marking a significant 60.9% increase year-on-year. Earnings per share were HK$0.0157.
According to the announcement, the revenue decline was primarily attributed to decreased revenue from the multi-brand footwear and apparel segment, particularly from the Clarks and Bossini businesses. The overall gross margin fell by 0.6 percentage points from 46.5% to 45.9%. The gross margin decline was mainly due to lower gross margins from Bossini and other consumer goods businesses, which was partially offset by improved gross margins from the Clarks and sports experience businesses.
The increase in profit was primarily driven by reduced operating expenses resulting from enhanced cost control measures implemented during the period, though this was partially offset by decreased gross profit stemming from lower revenue.