TRISTATE HOLD (00458) announces its performance for the year 2025, with a net profit attributable to shareholders of HK$125 million, down 19.8% year-on-year.

TRISTATE HOLD (00458) announced its annual performance for the year ending December 31, 2025, with revenue of HK$3.626 billion, a decrease of 13.3% year-on-year; net profit attributable to equity shareholders of the company was HK$125 million, a decrease of 19.8% year-on-year; basic earnings per share were HK$0.46, with a proposed final dividend of HK$0.18 per share. In 2025, revenue from the brand business was HK$1.856 billion, a decrease of 8% compared to HK$2.025 billion in 2024. C.P. Company's revenue remained strong, increasing by 2.8% year-on-year according to benchmark reporting. Revenue from domestic licensed brand operations was affected by weak consumer demand. In 2025, the revenue of Nautica and Spyder decreased by 12% and 24% respectively, while Reebok's revenue decreased by 32%. In the current year, revenue from the garment business was HK$1.770 billion, a decrease of 18% compared to HK$2.158 billion in 2024, due to declining demand from several customers and increased competition.