Vitasoy International Holdings Limited has announced its financial results for the year ended 31st March 2025. The company reported a 1% increase in revenue, reaching HK$6.274 billion, compared to HK$6.217 billion in the previous year. Gross profit rose by 3% to HK$3.218 billion, with the gross profit margin improving to 51.3% from 50.0%. Profit from operations showed a significant increase of 96%, amounting to HK$364 million, while profit after taxation grew by 104% to HK$241 million. Profit attributable to equity shareholders of the company was HK$235 million, marking a 102% rise. Earnings before interest income, finance costs, income tax, depreciation, amortisation, and share of losses of joint venture (EBITDA) increased by 22%, reaching HK$836 million. The company's growth was driven by the performance of its core products in Mainland China and solid achievements in the Hong Kong operation. Australia and New Zealand markets saw sales growth and reduced losses due to restored manufacturing stability. In ASEAN markets, Singapore improved its export business and narrowed its loss from operations. A joint venture in the Philippines with Universal Robina Corporation achieved strong revenue growth through the on-the-go platform.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.