Combine Will International Reports 31.8% Increase in Revenue to HK$875.6 Million, Net Profit at HK$16.1 Million, EPS Declines by 24.7%
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Combine Will International Holdings Ltd. reported a 31.8% increase in revenue to HK$875.6 million for the first half of FY2025, driven by higher sales and new plush toy production in Indonesia. However, gross profit margin fell to 10.1% due to rising costs from eco-friendly materials. Net profit decreased to HK$16.1 million, and EPS declined by 24.7% to 49.76 cents. The company emphasized its commitment to sustainable manufacturing, with 71% of revenue from green products, and focused on customer diversification for growth.
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