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Water Oasis Group ( (HK:1161) ) just unveiled an update.
Water Oasis Group Limited reported a slight decline in revenue by 2.2% for the six months ending March 2025, with total revenue at approximately HK$492.2 million. Despite this, the company achieved a higher gross profit margin of 92.0%, driven by an increased focus on beauty services, which now constitute 87.8% of sales. Net profit rose to HK$55.5 million, attributed to the absence of non-cash goodwill impairment. The Group also maintained a strong cash position of HK$632.5 million and recommended an interim dividend of 3.5 HK cents per share. The company’s beauty services business performed steadily, with increased turnover across most brands, aided by strategic marketing and service excellence. The consolidation and relocation of beauty service outlets into flagship locations have enhanced brand synergies and customer convenience.
More about Water Oasis Group
Water Oasis Group Limited operates in the beauty and wellness industry, offering a range of beauty services and products. The company focuses on beauty services, which now account for a significant portion of its sales, and operates multiple beauty centers under various brand names in Hong Kong.
Average Trading Volume: 613,740
Technical Sentiment Signal: Buy
Current Market Cap: HK$735M
Learn more about 1161 stock on TipRanks’ Stock Analysis page.