Fourace Industries Group Holdings Limited (1455) announced a profit warning for the six months ended 30 September 2025, projecting a profit of approximately HK$4.7 million, down by about 79.5% from the HK$22.9 million recorded in the same period in 2024.
According to the preliminary review of unaudited consolidated management accounts, the decrease in profit is attributed to lower revenue and a reduced gross profit margin in hair styling products. A major US customer adopted a conservative procurement strategy due to uncertainties regarding US trade tariffs on Chinese-manufactured goods, leading to a notable drop in sales volume. Additionally, a major Japanese customer did not place orders for a key hair-dryer model, as a new model was introduced to replace the predecessor version manufactured by Fourace Industries.
The figures mentioned are based on the currently available information and unaudited accounts and have not been reviewed or audited. Official interim results are expected to be released by the end of November 2025. Investors and shareholders are advised to exercise caution when dealing in the company’s shares.