FOUNTAIN SET announced its interim results, with a profit attributable to owners of HKD 30.67 million, turning a profit compared to the same period last year
Fountain Set announced its mid-term results for 2025, with a revenue of approximately HKD 1.937 billion, a year-on-year decrease of 12.7%. The profit attributable to the company's owners was HKD 30.67 million, turning a profit compared to a loss in the previous year, with earnings per share of HKD 0.025. The improvement in performance is mainly attributed to enhanced customer management, reduced procurement costs, improved product quality, continuous promotion of lean management, and proactive monitoring of inventory and accounts receivable
According to the Zhitong Finance APP, FOUNTAIN SET (00420) announced its interim results for 2025, with a revenue of approximately HKD 1.937 billion, a year-on-year decrease of 12.7%; the profit attributable to the company's owners was HKD 30.67 million, turning from a loss to a profit year-on-year; earnings per share were HKD 0.025.
The announcement stated that the improvement in performance was mainly attributed to: strengthening customer management, stabilizing old customers, developing new customers, actively reducing procurement costs, and enhancing overall business gross profit and profit contribution; using information systems as management tools, aiming to improve product quality, continuously reducing factory production consumption, and lowering production costs; and the group continuously promoting lean management, reducing costs and increasing efficiency, with further declines in transportation and labor costs; actively carrying out inventory and accounts receivable monitoring, actively utilizing long-aged inventory, and actively collecting various accounts receivable
