Housewares Retail

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国际家居零售(01373) - 2023 H2 - 电话会议演示
2025-06-18 11:34
Financial Performance - The company's revenue was HK$2825.994 million, a decrease compared to HK$2920.775 million in the previous year[33] - Net profit reached HK$181.875 million, down from HK$220.318 million in the previous year[33] - Gross margin increased to 46.4% from 45.7%[33] - Operating margin decreased to 8.0% from 9.5%[33] - Net margin decreased to 6.4% from 7.5%[33] - Total dividend was 22.0 HK cents, compared to 26.7 HK cents in the previous year[33] - Cash and cash equivalents amounted to HK$402.310 million, a slight decrease from HK$416.923 million[35] Business Strategy & Expansion - Hong Kong sales accounted for 88.0% of group revenues, a decrease from 89.3%[39] - Singapore sales accounted for 10.2% of group revenues, an increase from 9.1%[40] - The company plans to expand its store network, with a net increase of 7 stores in FY24 and 10 stores in FY25 across Hong Kong, Macau, and Singapore[63]
国际家居零售(01373) - 2025 H1 - 电话会议演示
2025-06-18 11:25
Financial Performance - The company's revenue for the first half of FY2025 was HK$1.27 billion, a decrease compared to HK$1.32 billion in the same period of FY2024[34] - Gross profit decreased from HK$618.82 million in 1H FY2024 to HK$596.68 million in 1H FY2025[34] - Profit attributable to owners of the company decreased from HK$50.76 million in 1H FY2024 to HK$32.96 million in 1H FY2025[34] - The interim dividend decreased from HK 5.6 cents/share to HK 4 cents/share[26, 34] - The company's cash and bank balance was HK$308 million[26] - The gross margin increased slightly from 46.8% to 47.0%[26, 34] - Operation profit margin decreased from 5.1% to 3.7%[34] - Net profit margin decreased from 3.7% to 2.4%[34] Store Network - The company has a physical store retail network of 314 stores in Hong Kong and 62 overseas stores[28] - The number of stores in Singapore increased by 1, from 47 to 48[29, 30] - As of October 2024, the company operated 314 stores in Hong Kong, 48 in Singapore, and 9 in Macau[28, 29, 30, 44, 46, 67] Market Performance - Revenue from Hong Kong was HK$1.10 billion[44] and accounted for 86.6% of the total revenue[42] - Singapore contributed 11.6% to the group's revenue, with revenue of HK$147.99 million[42, 46] - Macau's revenue contribution was 1.8% of the total revenue[42] Strategies and Outlook - The company will focus on Hong Kong, Singapore, and Macau markets[50] - The company plans to expand its store network with a net increase of 1 store in Hong Kong in 2H FY2025 and 3 in FY2026[67] - The company plans to expand its store network with a net increase of 1 store in Singapore in FY2026[67] - The company plans to expand its store network with a net increase of 1 store in Macau in FY2026[67]
国际家居零售(01373) - 2024 H2 - 电话会议演示
2025-06-18 11:23
Financial Performance - The company's revenue reached HK$2.7 billion[24], while turnover was HK$2,687,036,000[30] in FY2024 compared to HK$2,825,994,000[30] in FY2023 - Profit attributable to owners was HK$101 million[24] in FY2024, excluding Employment Support Scheme (ESS)[30] - Gross margin increased to 46.9%[24][30] in FY2024 from 46.4%[30] in FY2023 - The company declared a total dividend of 11.2 HK cents[24][30] per share, with an interim dividend of 5.6 HK cents[30] and a final dividend of 5.6 HK cents[24][30] Market Performance - Hong Kong accounted for 86.7%[35] of the group's revenue in FY2024, with 315 stores[27][28][35] - Singapore contributed 11.6%[36] to the group's revenue, with sales growing by 7.8%[36] and maintaining 47 stores[27][28][36] Store Network - The company operates a physical store retail network of 315 stores in Hong Kong[27], 47 stores in Singapore[27], and 9 stores in Macau[27] Future Strategies - The company plans to expand its store network with a net increase of 4 stores in FY25 and 7 stores in FY26 across Hong Kong, Macau, and Singapore[58] - The company intends to broaden its e-commerce presence, providing online merge offline (OMO) shopping experience[43]