20 May 2025 Man Wah reported its Mar ended FY25 results with top line declined by 8.2% YoY to HK$17.2bn. GPM increased by 1.1ppt YoY to 40.5%. The improvement in overall GPM was mainly attributed to the declining RM prices,
CROSBY Research – Man Wah (1999 HK/NR): FY25 adj. NP increased by 1.3% YoY on higher GPM


