Raytech reports FY25 EPS HKD 48c vs HKD 62c last year
Financial Performance: Raytech reported a revenue of HKD 78.7 million for FY25, a 17.6% increase from HKD 66.97 million the previous year, primarily driven by sales in their trimmer series.
Company Growth and Strategy: CEO Ching Tim Hoi highlighted that FY25 was pivotal for Raytech as they maintained profitability, strengthened their financial position, and transitioned to a public company while focusing on personal care and lifestyle electrical appliances.
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Raytech Holding Limited Reports $3.3M Revenue and HK$4.7M Net Income in 1H
- Revenue Growth: Raytech Holding Limited reported a revenue of $3.3 million for the first half of 2023, indicating stable performance in the market and potential for future business expansion.
- Net Income Improvement: The company achieved a net income of HK$4.7 million (approximately $610,454), with a net margin of 12.6%, reflecting improved management efficiency and effective cost control.
- Gross Margin Enhancement: The gross profit margin increased to 26.3% from 21.2% in the prior year period, demonstrating significant progress in product pricing and cost management, which helps strengthen profitability.
- Cash Flow Strengthening: Cash and cash equivalents rose by 43.2% to HK$121.5 million (approximately $15.6 million), providing a stronger financial foundation for future investments and expansions.
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