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An update from Ming Fai International Holdings ( (HK:3828) ) is now available.
Ming Fai International Holdings reported a decline in revenue and gross profit for the first quarter of 2025, with decreases of 4.8% and 9.9% respectively compared to the previous year. This downturn is attributed to reduced demand in the hospitality supplies sector, particularly from the travel, tourism, and aviation industries. Additionally, the company is monitoring the impact of new U.S. tariff measures on its operations, as North America accounts for a significant portion of its revenue. The company is proactively adjusting strategies to mitigate risks and exploring new business opportunities.
More about Ming Fai International Holdings
Ming Fai International Holdings Limited is a company incorporated in the Cayman Islands, primarily engaged in the production and distribution of hospitality supplies, operating supplies and equipment, as well as health care and hygienic products. The company serves various industries, including travel, tourism, and aviation.
Average Trading Volume: 927,152
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$641.4M
Find detailed analytics on 3828 stock on TipRanks’ Stock Analysis page.