非凡领越(00933)公布2025年中期业绩，收益约48.1亿港元，同比减少5.7%;毛利约22.06亿港元，同比减 少7%;公司权益持有人应占溢利1.815亿港元，同比增长60.9%;每股溢利1.57港仙。 公告称，收益减少主要是由于多品牌鞋服分部的收益减少所导致，尤其是Clarks及堡狮龙业务。 整体毛利率由46.5%下降0.6%至45.9%。毛利率下降乃主要由于堡狮龙及其他消费品业务的毛利率下降 所致，该下降被Clarks及运动体验业务的毛利率上升部分抵销。溢利增加主要由于本期加强成本控制措 施而导致营运费用减少，但被因收益减少导致毛利减少而部分抵销。 ...

Group 1 - The core viewpoint of the article is that Non-Fungible Holdings (00933) reported a decrease in revenue for the first half of 2025, primarily due to a decline in the multi-brand footwear and apparel segment, particularly from Clarks and BOSS [1] - Revenue for the period was approximately HKD 4.81 billion, a year-on-year decrease of 5.7% [1] - Gross profit was approximately HKD 2.206 billion, reflecting a year-on-year decrease of 7% [1] Group 2 - The profit attributable to equity holders increased to HKD 181.5 million, representing a year-on-year growth of 60.9% [1] - Earnings per share were reported at HKD 0.0157 [1] - The overall gross margin decreased from 46.5% to 45.9%, a decline of 0.6%, primarily due to lower gross margins in the BOSS and other consumer goods segments, although this was partially offset by an increase in gross margins from Clarks and the sports experience business [1] Group 3 - The increase in profit was mainly attributed to enhanced cost control measures that led to a reduction in operating expenses, although this was partially offset by the decrease in gross profit due to reduced revenue [1]