According to the announcement, the Group reported revenue of approximately HK$48.2 million for the six months ended 30 September 2025, lower than the HK$50.6 million recorded in the same period of the previous financial year. Gross profit reached around HK$36.3 million, yielding a gross profit margin of 75.3%. The Group recorded a loss attributable to owners of the Company of about HK$18.6 million, which narrowed from around HK$23.6 million in the comparative period. Basic loss per share was HK$0.06, compared to HK$0.08 a year earlier. No interim dividend was declared.
Hong Kong operations contributed approximately 67% of total revenue for the period, rising to HK$32.2 million, up 9% year on year. Mainland China operations generated around 20% of overall revenue, declining to HK$9.7 million amid subdued consumer sentiment. Macau and Taiwan accounted for about 8% and 5% of the Group’s revenue, respectively, both seeing a year-on-year decline in sales.
The Group stated that market conditions remained challenging, citing a sluggish economy and shifting consumer behavior. In response, additional short-term promotional sales were conducted, and store networks were rationalized. As of 30 September 2025, the Group operated 32 stores and counters across Hong Kong, Mainland China, Macau, and Taiwan.
On financial position, total bank balances and cash stood at about HK$9 million. Net current liabilities were approximately HK$68 million, while the gearing ratio was around 35.3%. The Group indicated ongoing efforts to mitigate rent burdens, optimize store layouts, and develop e-commerce capabilities. The announcement also highlighted continued exploration of cross-industry partnerships and enhanced social media marketing, including collaboration with key opinion leaders.
Management noted cautious prospects for the upcoming period. The focus remains on refining omni-channel strategies, maintaining prudent expansion plans—particularly in Mainland China—and exploring further opportunities for product development such as athleisure offerings featuring eco-friendly materials.