HERBS GROUP Reports Fiscal Year Loss of HK$23 Million, Shifting from Prior Year Profit

Stock News03-24

HERBS GROUP (02593) announced its annual results for the period ending December 31, 2025. The company recorded revenue of HK$228 million, a decrease of 7.18% compared to the previous year. It reported an annual loss of HK$23.009 million, a shift from profit to loss year-on-year. The loss per share was HK17.26 cents. According to the announcement, the transition from profit to loss was primarily due to: (i) a decrease in the group's revenue and gross profit during the reporting period, mainly attributable to the provision of more promotional offers; (ii) an increase in advertising and promotion expenses (including, but not limited to, online advertising, offline advertising, and fees for engaging artists and KOLs) during the reporting period; and (iii) an increase in employee costs during the reporting period.

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