FOURACE IND GP (01455) announced that the group expects to record a profit of approximately HK$4.7 million for the six months ending September 30, 2025, representing a decrease of about 79.5% compared to the profit of HK$22.9 million in the same period last year. The significant decline in profit is primarily attributed to reduced revenue and gross margin from hair care products, leading to lower gross profit.

Compared to the six months ended September 30, 2024, the group experienced a decrease in both sales volume and average selling price of its hair care products. The uncertainty surrounding additional U.S. trade tariffs on Chinese-made goods prompted a major American client to adopt a conservative purchasing strategy, resulting in a substantial drop in sales of hair care products to this customer.

Additionally, a key Japanese client did not place orders for a major hair dryer model as the company introduced a new model in the Japanese market to replace the older version previously supplied by FOURACE IND GP.