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Combine Will reports 1HFY2023 earnings of HK$20.5 million

The Edge Singapore
The Edge Singapore • 1 min read
Combine Will reports 1HFY2023 earnings of HK$20.5 million
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Combine Will International Holdings has reported earnings of HK$20.5 million for 1HFY2023, down 9.4% y-o-y. Revenue was down 16% to HK$511.1 million.

The company, Hong Kong-based but Singapore-listed, designs and manufactures corporate gifts, toys, and other consumer products.

The company says that despite tougher conditions with higher interest rates, it has managed to hold its gross profit margin at 10.9% for 1HFY2023, an improvement from 10.4% recorded in 1HFY2022.

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