TAKBO GROUP announced its interim results, with a net profit of HKD 3.347 million, a year-on-year decrease of 35.9%
TAKBO GROUP announced its interim results for the period ending June 30, 2025, with revenue of HKD 68.251 million, a year-on-year decrease of 11.5%; net profit of HKD 3.347 million, a year-on-year decrease of 35.9%; and basic earnings per share of HKD 0.84. The decline in performance was mainly affected by the U.S. imposing import tariffs on Chinese products, leading some customers to turn to non-Chinese suppliers, and the additional tariffs imposed at the beginning of the year further worsened the situation
According to the Zhitong Finance APP, TAKBO GROUP (08436) announced its performance for the six months ending June 30, 2025, with revenue of HKD 68.251 million, a year-on-year decrease of 11.5%; net profit of HKD 3.347 million, a year-on-year decrease of 35.9%; and basic earnings per share of HKD 0.84.
The decrease in revenue during the period was mainly due to the import tariffs imposed by the United States on Chinese products several years ago, which affected the U.S. market. It takes time for some U.S. customers to shift their procurement from the group to non-Chinese suppliers, and the additional tariffs imposed by the U.S. at the beginning of the year further worsened the situation
