International Housewares Retail Company: Net profit fell 32% year-over-year on lower revenue, but gross margin improved to 46.9%

About this update from International Housewares Retail Co. Ltd.

Revenue declined 4.9% year-over-year to HK$2,687 million, with net profit down 32% to HK$101.1 million as post-pandemic normalization and higher costs impacted results. Gross margin improved to 46.9%, and Singapore operations saw revenue growth.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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