FilingReader Intelligence
Town Ray Holdings expects 38% profit decline
July 25, 2025 at 09:11 AM UTC•By FilingReader AI
Town Ray Holdings expects net profit of approximately HK$30.1m for the six months ended June 30, 2025, representing a 38% decrease from HK$48.5m in the same period last year.
The company attributes the decline to its strategy of offering products with lower gross profit margins to optimize its product line-up and better suit consumer demand.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
HKEX:1692•Hong Kong Exchange
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