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Ming Fai’s Q1 Revenue Rises But Margins Squeezed Amid Cost Pressures

Story Highlights
  • Ming Fai lifted first-quarter 2026 revenue and gross profit, but overall margins narrowed.
  • All segments grew while liquidity improved, as the board monitors risks and opportunities.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Ming Fai’s Q1 Revenue Rises But Margins Squeezed Amid Cost Pressures

Meet Samuel – Your Personal Investing Prophet

The latest update is out from Ming Fai International Holdings ( (HK:3828) ).

Ming Fai International Holdings reported unaudited revenue of HK$575.3 million and gross profit of HK$121.3 million for the first quarter of 2026, representing year-on-year increases of 13.9% and 0.7% respectively, but its overall gross margin declined to 21.1% from 23.9% amid intense industry competition and higher manufacturing costs in its core hospitality supplies business. Segment data show robust revenue growth across hospitality supplies, operating supplies and equipment, and health care and hygienic products, while the group’s cash and cash equivalents rose to HK$465.0 million and trade and bills receivables edged down, indicating solid liquidity as the board continues monitoring macroeconomic and geopolitical risks and seeks new business opportunities.

More about Ming Fai International Holdings

Ming Fai International Holdings Limited is a Cayman Islands–incorporated group listed in Hong Kong that operates hospitality supplies, operating supplies and equipment, and health care and hygienic products businesses. The company focuses on serving hotels and related hospitality clients, while also expanding into broader operating supplies and hygiene-related product markets.

Average Trading Volume: 499,824

Technical Sentiment Signal: Buy

Current Market Cap: HK$604.9M

Find detailed analytics on 3828 stock on TipRanks’ Stock Analysis page.

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