Jin Rong Jie·2025-08-06 08:04Core Insights - The company reported a revenue of $7.833 billion for the six months ending June 30, 2025, representing a year-on-year increase of 7.1% [1] - Shareholder profit reached $628 million, up 14.2% year-on-year, with basic earnings per share at 34.37 cents [1] - A mid-term dividend of 1.25 HKD is proposed [1] Financial Performance - Gross margin increased by 34 basis points to 40.3%, reflecting the company's focus on enhancing the profitability of consumer brands and improving operational efficiency [1] - The Milwaukee business grew by 11.9% in local currency, while Ryobi saw an 8.7% increase [1] - Free cash flow for the first half of 2025 reached $468 million, with the company ending the period in a net cash position [1] Strategic Focus - The company strategically reduced sales in non-core businesses compared to the first half of 2024, aiming to streamline its product portfolio and enhance profitability in these areas [1]