Core Viewpoint - The company reported a decline in revenue and profit for the six months ending October 31, 2025, indicating significant challenges in the retail market in Hong Kong [1] Financial Performance - The company recorded revenue of HKD 1.197 billion, a year-on-year decrease of 5.8% [1] - Profit attributable to equity holders was HKD 27.487 million, down 16.6% [1] - The board declared an interim dividend of HKD 0.03 per share [1] Industry Challenges - The decline in revenue reflects multiple challenges faced by the Hong Kong retail sector, including increased competition from mainland e-commerce leveraging scale and cost advantages [1] - Intense promotional activities among offline competitors have led to heightened competition [1] - Changing consumer behavior, including trends of "northbound consumption" and "overseas consumption," has diverted some local customer traffic [1] - The phenomenon of "consumption downgrade" in the local market indicates that consumers are becoming more rational and budget-conscious due to economic pressures [1] - High operational costs pose significant challenges for the industry [1]
国际家居零售(01373.HK)中期权益持有人应占利润2748.7万港元 减少16.6%