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%
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.
Combine Will International Holdings Ltd., a leading ODM/OEM specializing in corporate premiums, toys, and consumer products, reported a 31.8% increase in revenue for the first half of FY2025, reaching HK$875.6 million, compared to HK$664.5 million in the same period last year. The rise in revenue, up by HK$211.1 million, was driven primarily by higher sales and the commencement of plush toy production in Indonesia. Despite the revenue growth, the company’s gross profit margin decreased to 10.1%, down from 11.3% in the previous year, due to higher costs associated with the use of eco-friendly raw materials and business expansion. The gross profit itself increased by 17.9% to HK$88.4 million. Profit from operations slightly decreased to HK$36.6 million, compared to HK$40.1 million in the first half of FY2024, impacted by higher expansion-related expenses. Profit after tax also saw a decline, standing at HK$16.1 million, down from HK$21.4 million the previous year. Basic earnings per share for the period were reported at 49.76 cents, reflecting a decrease from 66.08 cents in the previous year. The company highlighted its strategic focus on sustainable manufacturing, achieving a record 71% of revenue from green products. It also emphasized its commitment to customer diversification and strategic initiatives underpinning sustainable growth. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Combine Will International Holdings Ltd. published the original content used to generate this news brief on August 12, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
