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Ulferts International Limited ( (HK:1711) ) has provided an announcement.
Ulferts International Limited reported a decrease in total revenue to HK$66.8 million for the six months ending September 2025, down from HK$79.4 million the previous year, due to challenging market conditions. Despite the revenue drop, the company successfully narrowed its net loss to HK$2.7 million from HK$11.1 million, thanks to effective cost-saving measures. The retail segment, which constitutes the majority of the company’s revenue, saw a decline, but the company continues to focus on market segmentation and online platforms to maximize market coverage.
More about Ulferts International Limited
Ulferts International Limited is a leading retailer of high-quality home furniture, primarily imported from Europe, and has been operating for 50 years. The company is listed on the Main Board of The Stock Exchange of Hong Kong Limited since January 2018, and operates 23 points-of-sale in Hong Kong under various trade names, specializing in both furniture and bedding products. Ulferts targets middle to high-end markets with brands like ‘Ulferts Signature’ and ‘Ulferts’, while ‘Ulfenbo’ and ‘Slumberland’ cater to the mass market and high-end market respectively.
Average Trading Volume: 1,289,012
Technical Sentiment Signal: Buy
Current Market Cap: HK$100M
See more data about 1711 stock on TipRanks’ Stock Analysis page.