Forward Fashion Reports HKD 443.64M Revenue and HKD 7.03M Profit for H1 2025; EPS at HKD 0.02
Reuters
Aug 29, 2025
Forward Fashion Reports HKD 443.64M Revenue and HKD 7.03M Profit for H1 2025; EPS at HKD 0.02
Forward Fashion (International) Holdings Co. Ltd. announced its unaudited consolidated financial results for the six months ended 30 June 2025. The company's revenue decreased to HKD 443.64 million from HKD 468.36 million for the same period in 2024. Despite the drop in revenue, the company reported a significant turnaround in profitability, with a profit for the period of HKD 7.03 million, compared to a loss of HKD 54.70 million in the previous year. The earnings per share improved to HKD 0.02 from a loss per share of HKD 0.13. Revenue from contracts with customers saw notable changes across business lines. Retail revenue dropped to HKD 305.63 million from HKD 375.48 million, while store management revenue rose to HKD 117.83 million from HKD 51.32 million. Catering services also experienced growth, with revenue increasing to HKD 19.43 million from HKD 15.41 million, but wholesale revenue fell sharply to HKD 0.75 million from HKD 26.15 million. The company's current ratio improved to 1.35 as of 30 June 2025, up from 1.09 as of 31 December 2024, while the gearing ratio remained consistent at 0.65. The results reflect shifts in segment performance and operational adjustments in the company's business activities.
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