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%

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.
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