2025-11-25 09:00Financial Data and Key Metrics Changes - For the six months ended September 30, 2025, the group's revenue decreased by 6% to HKD 3.2 billion compared to the previous year, primarily due to weak demand and competitive pricing in the Chinese mainland operation [2] - The gross profit margin decreased to 51.1%, with profits from operations down 4% to HKD 247 million, mainly due to a decline in gross profit [2][3] - Profits attributable to shareholders increased by 1% to HKD 172 million, driven by lower finance costs and income tax [2] - Earnings per share rose by 2% to HKD 0.16 [3] - Capital expenditure for the period was HKD 57 million, slightly higher than last year, with cash on hand at HKD 1.27 billion [3] Business Line Data and Key Metrics Changes - The Chinese mainland unit's revenue was HKD 2.9 billion, down 7% year-on-year, with operating profit decreasing by 14% to HKD 326 million [7] - Hong Kong operations maintained strong performance, contributing 34% to total group sales, but faced challenges in Macau and exports to the United States [5][10] - Australia and Singapore units showed growth, with Australia-New Zealand revenue increasing by 5% in local currency [11] Market Data and Key Metrics Changes - The Chinese mainland remains the largest operation by revenue at 55% of the group, while Australia-New Zealand grew from 8% to 9% of total group revenue [7] - The plant milk category in China declined by 10%, while the tea category's growth slowed to 5% [8] - In the Philippines, the plant-based category continues to grow healthily, with double-digit growth year-on-year [13] Company Strategy and Development Direction - The company aims to enhance capabilities in the Chinese mainland to improve top-line performance, focusing on general trade and new channels like online commerce and snack chains [6][14] - Hong Kong operations will work to accelerate growth in the second half of the financial year [15] - Australia and Singapore units will focus on top-line growth and reducing operating losses [15] Management Comments on Operating Environment and Future Outlook - Management acknowledged short-term challenges but expressed confidence in long-term potential for scaling up [15] - The company is adjusting its commercial strategy in response to evolving tariff situations affecting North American business [11] Other Important Information - The company continues to implement cost reduction programs to improve operational efficiency and profitability across various markets [12] Q&A Session Summary - No specific questions and answers were provided in the content, thus this section is not applicable.