Highlights from Management’s Review
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Substantial Profit Improvement: The preliminary unaudited consolidated management accounts suggest a dramatic shift from loss to profit, reflecting a swing of at least HK\$135 million year-on-year.
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Reasons for Improved Performance:
- Closure of underperforming stores, reducing operational drag and losses.
- Adoption of tighter cost-control measures, helping streamline expenses and improve margins.
- Refinement and strengthening of day-to-day operations, leading to enhanced efficiency and financial results.
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Resilience Amidst Challenging Retail Environment: Despite a highly challenging retail landscape, the Group remained vigilant, promptly adjusting its business approach and operations as needed.
Important Information for Shareholders and Potential Investors
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Price-Sensitive Information: The return to profitability may materially affect investor sentiment and share valuation, given the magnitude of the turnaround and the Company’s improved outlook.
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Forward Guidance and Strategy: The Board reiterated its commitment to closely monitor market trends and remains ready to refine its strategy to ensure resilience and adaptability in a volatile market.
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Unaudited Results: The information is based on a preliminary review of unaudited results for FY2025 and is subject to finalisation and audit. Actual results, to be announced by end of March 2026, may differ from this alert.
Board Composition
As of the date of this announcement, the Board consists of:
- Mr. Fan Wing Ting, Ms. Chen Xingyi, Mr. Kevin Trantallis, Mr. Fong Yat Ming, and Ms. Fan Tammy as Executive Directors
- Mr. Yu Chun Kau, Mr. Ng Kam Tsun, and Mr. Sze Irons as Independent Non-executive Directors
Investor Caution
The Company advises shareholders and potential investors to exercise caution when dealing in the shares of Forward Fashion (International) Holdings Company Limited, as the final audited results may differ from the preliminary figures.
Disclaimer: The information provided above is based on the Company’s preliminary announcement. It may be subject to changes after audit and finalisation. Investors are strongly advised to review the official audited results once released and consider all available information before making any investment decisions. Past performance is not indicative of future results.
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