Core Viewpoint - Darius International (00333.HK) reported a significant decline in sales for the first quarter of the fiscal year ending June 30, 2026, primarily due to weak market demand and inventory control measures by U.S. brands and retailers in response to trade uncertainties [1][2]. Sales Business - The sales revenue for the first quarter of the fiscal year 2026 was recorded at HKD 236.3 million, representing a 25% year-on-year decline, attributed to weak market demand [2]. - The U.S. market accounted for the highest sales proportion at 74%, followed by Europe at 10% and other markets at 16% [2]. - The gross margin was under pressure due to idle capacity leading to insufficient allocation of fixed costs and a product mix skewed towards lower-margin products [2]. Manufacturing Business - As of the quarter, overseas production capacity in Asia (excluding China) accounted for 87% of global capacity, with China making up the remaining 13% [3]. - The company continues to maintain flexibility in capacity planning to balance production across facilities, aiming to reduce overall operating costs and optimize utilization [3]. - As of September 30, 2025, the company had cash and bank balances of approximately HKD 47.3 million and undrawn bank credit facilities of about HKD 6.0 million, indicating prudent capital management to meet financial commitments and invest in future opportunities [3].
黛丽斯国际(00333.HK)第一财季销售额2.363亿港元 同比下跌25%