Fenbo FY25 net loss narrows to HK$10.64 million; revenue drops 36% to HK$85.02 million

• Fenbo Holdings reported fiscal 2025 net loss narrowed to HK$10.64 million as revenue fell 36% to HK$85.02 million.
• Operating loss improved to HK$10.87 million from HK$13.76 million, while gross profit dropped to HK$10.94 million from HK$24.82 million.
• Gross margin slid to 14.9% from 18.7%, with cost of sales easing to HK$74.09 million.
• Revenue declines were attributed to continued U.S. tariff pressures on China-made goods that reduced customer procurement volumes and shipment frequency.
• Net cash from operating activities was HK$1.59 million, while cash fell to HK$19 million and working capital decreased to HK$30.61 million.

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