Core Viewpoint - The company reported a revenue increase of approximately 4% for the first half of 2025, driven by higher shipments of smart vending systems, despite challenges in core Western markets [2][3]. Financial Performance - The company achieved a revenue of approximately HKD 404.7 million for the six months ending June 30, 2025, compared to HKD 389.2 million in the same period of 2024 [2]. - Gross profit increased by 12.5% to approximately HKD 76.1 million, with a gross margin of 18.8%, up by 1.4 percentage points year-on-year [2]. - The loss attributable to shareholders decreased by 42.9% to HKD 14.8 million during the period [2]. Market Dynamics - Europe and North America accounted for about 92.1% of the company's total revenue, facing challenges such as high interest rates, geopolitical tensions, and changes in U.S. tariff policies [2]. - Customer behavior showed divergence, with some reducing orders to manage inventory more strictly, while others accelerated expansion to seize market opportunities [2]. Operational Developments - The company maintains a robust financial position with cash and cash equivalents of approximately HKD 103.6 million, ensuring a positive net cash status [3]. - The company established a new factory in the UK to enhance capacity for European customers and reduce delivery times [3]. Strategic Initiatives - The company is diversifying its product portfolio in the renewable energy sector under the "Deltrix" brand, expanding from electric vehicle chargers to include smart energy storage and digital advertising kiosks [3]. - In Central Asia, the company is advancing its platform in Kazakhstan, integrating smart electric vehicle charging facilities and energy storage solutions [3][5]. - The company is also expanding its footprint in Southeast Asia, focusing on markets like Thailand, the Philippines, and Malaysia, with plans to manufacture Deltrix-branded electric motorcycles [5].
致丰集团中期收益4.05亿港元,推进大亚洲新能源商务圈战略