New World Department Store China Limited Posts FY2025 Net Profit of HK$25.3 Million, Up from HK$13.3 Million in FY2024; Sales Figures Not Disclosed
Reuters
Sep 25
<a href="https://laohu8.com/S/NWRLY">New World Department Store China</a> Limited Posts FY2025 Net Profit of HK$25.3 Million, Up from HK$13.3 Million in FY2024; Sales Figures Not Disclosed
New World Department Store China Limited reported its financial results for the year ended 30 June 2025. Revenue for the year was HK$1,182.8 million, compared to HK$1,359.5 million in the previous year. Operating profit increased to HK$288.3 million from HK$254.7 million in the prior period. Profit for the year rose to HK$25.3 million, up from HK$13.3 million in the previous year. Earnings per share for the year was HK$0.015. As of 30 June 2025, total assets were HK$9,909.9 million, and total equity stood at HK$3,505.7 million. The company's retail network includes stores in major cities such as Beijing, Shanghai, and Nanjing. Revenue breakdown for the year showed rental income accounted for 47.7%, commission income from concessionaire sales for 28.6%, sales of goods for direct sales for 22.5%, and interest income from finance leases as the lessor for 1.2%. The company outlined its future strategies in the results presentation, focusing on continued development of its retail network and related operations.
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