KELFRED (01134) announced the performance of 2025, with a loss attributable to owners of the company of 15.119 million Hong Kong dollars, a year-on-year decrease of 30.11%.

KELFRED (01134) announced its performance for the year 2025, with a profit of approximately 500 million Hong Kong dollars, an increase of 10.29% year-on-year. The company's owners' share of the loss amounted to 15.119 million Hong Kong dollars, a decrease of 30.11% year-on-year, with a loss of 3.02 Hong Kong cents per share. The announcement stated that the increase in profit was mainly driven by an increase in sales orders leading to a overall rise in the export sales volume of eyeglass frames and sunglasses, but was offset by a decrease in the average selling price of eyeglass products. The narrowing of the loss was mainly due to an increase in sales orders in the 2025 fiscal year leading to an improvement in gross profit, as well as cost-saving measures implemented; however, this was offset by exchange losses caused by the appreciation of the Renminbi against the Hong Kong dollar in 2024.