Business

International Housewares Retail Company: Revenue and profit declined year-over-year, but gross margin improved to 46.9%

International Housewares Retail Company: Revenue and profit declined year-over-year, but gross margin improved to 46.9%

International Housewares Retail Co. Ltd.July 25, 20245
International Housewares Retail Company: Revenue and profit declined year-over-year, 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 profit attributable to owners at HK$101.1 million and gross margin improving to 46.9%. Singapore operations grew, while Hong Kong and Macau saw lower sales amid post-pandemic normalization and higher costs.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

View stock analysis, news, and events for International Housewares Retail Co. Ltd.