MOS House Group Limited (1653) released its unaudited interim results for the six months ended 30 September 2025, reporting revenue of approximately HK$58.9 million, a 6.2% increase from HK$55.4 million in the same period last year. The growth mainly reflects higher sales from non-retail channels, which rose to around HK$41.9 million, compared with HK$30.4 million previously. Retail channel sales declined from roughly HK$24.8 million to HK$16.8 million.

The company recorded a profit attributable to owners of about HK$3.0 million, down 39.2% from HK$5.0 million a year earlier. Management attributes this decrease partly to the absence of one-off gains recorded in the prior period and a swing to a loss of approximately HK$0.01 million in the share of result of an associate (compared to a profit of around HK$2.0 million previously).

Gross profit from sales of tiles and bathroom fixtures decreased slightly to about HK$28.3 million, with the overall product margin lower at approximately 48.3%, partly due to an increased share of lower-margin non-retail sales. Other operating costs, including depreciation on right-of-use assets and other expenses, saw notable reductions during the period.

For its property investment business, rental income remained stable at HK$0.2 million. Looking ahead, the announcement indicates that the company plans to broaden its offerings, including renewable energy initiatives under the “Feed-in Tariff” scheme and potential expansion into electric vehicle-related activities. It has also obtained a precious metals trading license, aiming to diversify income and stabilize performance. The board does not recommend any interim dividend. As of 30 September 2025, the company had 284,117,000 shares in issue; a subsequent allotment brought the total to 288,917,000 shares.