为提高整体营运效率并减少营运成本，集团位于印尼的厂房按计划于2024年8月暂停营运。于2024年10月该厂房获相关政府部门授予所需的认可，并于2024年11月全面恢复营运。于此期间，公司管理层成功将部份销售订单从印尼厂房转移至亚洲其他厂房或外判予承包商，致力将对集团销售额的影响降至最低。Top Form Int'l (00333) announced that for the first quarter of the fiscal year ending June 30, 2025, sales revenue...
Smart Financial News App reports that Top Form Int'l (00333) announced that for the first quarter of the fiscal year ending June 30, 2025, sales revenue increased by 37% to 0.3145 billion Hong Kong dollars compared to the same period last year, mainly due to increased demand as major customers in the USA replenished inventory after destocking last year. In this quarter, sales in the USA market accounted for 75% of the group's total sales; Europe accounted for 12%; other markets accounted for 13%. In this quarter, due to changes in customer and product mix, the gross margin slightly decreased compared to the same period last year.
During this quarter, overseas production capacity from Asia (excluding China) accounts for 74% of global capacity, while China accounts for the remaining 26%. The Group continues to maintain flexibility in managing production capacity planning, balancing capacity allocation across various plants to reduce overall operating costs and optimize utilization.
To improve overall operational efficiency and reduce operating costs, the group's factory in Indonesia was planned to suspend operations in August 2024. The factory obtained the required approval from relevant government departments in October 2024 and fully resumed operations in November 2024. During this period, the company's management successfully transferred some sales orders from the Indonesian factory to other Asian factories or outsourced them to contractors, aiming to minimize the impact on the group's sales.
Due to the temporary suspension of operations at the factory, the company incurred approximately 3.5 million Hong Kong dollars in additional manufacturing costs and contractor fees in the first quarter, and expects to incur more related costs and expenses in the next quarter.
Additionally, the group incurred about 2.2 million Hong Kong dollars in additional freight costs in the first quarter, and expects to incur more additional freight costs in the coming months to meet customers' product delivery schedules and demands. The management will continue to coordinate with relevant customers and service providers to minimize these costs as much as possible.
In this quarter, the group holds a capital structure and debt ratio of approximately 22.9%.
