JUSTIN ALLEN H announced its interim results, with a profit attributable to shareholders of HKD 30.443 million, a year-on-year decrease of 29.05%

According to the Zhitong Finance APP, JUSTIN ALLEN H (01425) released its interim results for the six months ending June 30, 2025, reporting revenue of HKD 362 million, a year-on-year decrease of 5.9%; profit attributable to shareholders was HKD 30.443 million, a year-on-year decrease of 29.05%; earnings per share were HKD 0.0244.

During the six months ending June 30, 2025, the Group's business remained stable, with revenue experiencing a slight decline of approximately 5.9%. Additionally, the Group reported a decrease in gross profit margin of 1.7% and a decrease in net profit margin of 2.7%. The Group's new factory in Cambodia began trial operations in the first half of 2025, while the Honduras factory continues to improve its operational efficiency. Although the Group is gradually resolving difficulties, both factories are still on the path to achieving their optimal production capacity. This has increased production costs and reduced the Group's gross profit margin. In the second half of 2025, the Group will emphasize and continue its efforts to improve operational efficiency, including reviewing existing production processes, optimizing the allocation of production orders across different production bases, and adopting more proactive cost control strategies. Furthermore, additional employees have been hired to operate the new factory and to build new production bases in Vietnam and Kenya, which has increased our administrative expenses and reduced the profit attributable to the company's shareholders