HING LEE (HK) Holdings released its interim results, with a net profit of HKD 2.598 million, an increase of 145.09% year-on-year
HING LEE (HK) announced its interim results for the period ending June 30, 2025, with a revenue of HKD 50.446 million, a year-on-year decrease of 18.01%; net profit of HKD 2.598 million, a year-on-year increase of 145.09%; basic earnings per share of HKD 0.01, and a proposed interim dividend of HKD 0.01 per share. The decline in revenue was mainly due to increased uncertainty in the global business environment caused by U.S. trade policies and tariff measures, which affected consumer demand
According to the Zhitong Finance APP, HING LEE (HK) Holdings (00396) released its interim results for the six months ending June 30, 2025, reporting a revenue of HKD 50.446 million, a year-on-year decrease of 18.01%; net profit of HKD 2.598 million, a year-on-year increase of 145.09%; and basic earnings per share of HKD 0.01. It plans to distribute an interim dividend of HKD 0.01 per share.
The announcement stated that the decline in revenue was due to a series of extreme trade policies and tariff measures introduced by the United States in the first half of 2025, which triggered a series of shocks and significant uncertainties in the global business environment, leading to a decrease in consumer demand and, consequently, a reduction in demand for the Group's products. As a result, the Group's business was affected
