MING FAI INT'L's revenue and gross profit for the first quarter were approximately HKD 505 million and HKD 120.5 million, respectively, representing year-on-year decreases of 4.8% and 9.9%
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MING FAI INT'L announced that its revenue for the first quarter of 2025 is approximately HKD 505 million, with a gross profit of approximately HKD 120.5 million, representing a year-on-year decrease of 4.8% and 9.9%, respectively. The revenue from the hotel supplies business has declined, mainly due to reduced demand in the tourism and aviation industries. North America accounts for 20.6% of total revenue. The company will continue to assess its financial performance, pay attention to U.S. tariff policies and global economic risks, and actively adjust its strategies to address potential risks
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