International Housewares Retail Posts Lower Interim Profit but Maintains Strong Cash and Dividend

International Housewares Retail Co ( (HK:1373) ) has issued an update.

International Housewares Retail reported unaudited interim revenue of HK$1.20 billion for the six months ended 31 October 2025, down 5.8% year on year, with profit attributable to shareholders falling 16.6% to HK$27.5 million amid intensified competition from mainland e-commerce players, aggressive promotions by offline rivals and weaker domestic consumption. Despite the earnings decline, the group highlighted its solid balance sheet, with cash and cash equivalents rising to HK$324.4 million and a net cash position, maintained a current ratio of 1.8 and low gearing, and declared an interim dividend of HK3.0 cents per share, while continuing to cut staff costs by 9.3% through workforce optimization and automation to protect margins in a challenging retail and labour-cost environment.

The most recent analyst rating on (HK:1373) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on International Housewares Retail Co stock, see the HK:1373 Stock Forecast page.

More about International Housewares Retail Co

International Housewares Retail Company Limited is a Hong Kong-listed retailer focused on housewares and household goods, operating a network of physical stores that target mass-market consumers in Hong Kong and nearby markets. The group positions itself in a highly competitive retail environment, facing pressure from mainland e-commerce platforms and local offline rivals while emphasizing operational efficiency and disciplined financial management.

Average Trading Volume: 385,900

Technical Sentiment Signal: Sell

Current Market Cap: HK$519.2M

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