Lever Style Corp. Reports 4.1% Revenue Decline, 24.3% Net Profit Increase for H1 2025
Reuters
Jul 17
<a href="https://laohu8.com/S/LVSYF">Lever Style</a> Corp. Reports 4.1% Revenue Decline, 24.3% Net Profit Increase for H1 2025
Lever Style Corp. has released its interim financial results for the six months ended June 30, 2025. The Group reported revenues of $91.4 million, marking a 4.1% decline from $95.3 million during the same period in 2024. Despite the drop in revenue, net profit increased by 24.3% to $5.4 million, compared to the previous year's equivalent period. The Group remains debt-free with a net cash position of $33.2 million as of June 30, 2025, even after disbursing $5.7 million in 2024 dividends and $2.2 million in accrued staff bonuses in the first half of 2025. The U.S. market accounted for the largest share of the Group's revenue at $56.6 million, up from $52.7 million in 2024. However, revenues from Europe and Oceania saw decreases to $20.9 million and $9.7 million, respectively. The Group did not provide any specific outlook or guidance for the remainder of the year.
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