Ulferts International Ltd. has released its 2024/2025 annual report, providing insights into the company's business updates and financial performance over the past year. The report highlights that there was no material change in the company's capital structure during the year, and cash and cash equivalents stood at HK$27.3 million. The company did not pay an interim dividend to its shareholders during the year, and the Board has decided not to recommend a final dividend. The report also discusses the challenges faced by the company in the current economic climate and outlines its strategies to optimize product offerings and strengthen promotional efforts. The management remains committed to prudent cost management and maintaining operational agility in a dynamic environment. The full report can be accessed through the link below.
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