CH TREASURES NM (02439) announced its interim results for the six months ended June 30, 2025. The group recorded revenue of HK$154 million, representing a year-on-year decrease of 21.83%. Profit attributable to owners of the company stood at HK$35.534 million, down 25.71% compared to the same period last year. Earnings per share were 3.55 cents.
According to the announcement, the revenue decline was primarily attributed to the impact of shifting shopping habits from physical stores to online purchasing. Weak domestic consumer demand during the period led to reduced order volumes from existing customers, particularly supermarket chains, which significantly affected sales of biodegradable shopping bags and biodegradable roll bags.
Comments