JM Group Ltd. full-year revenue rises 21.8% to HKD269.39 million for FY 2025
JM Group Ltd. reported full year revenue of HKD 269.39 million for the period ending September 30, 2025, reflecting a 21.8 percent increase. The growth was primarily attributed to higher order volumes from major U.S. customers, who accelerated procurement in response to global trade policy uncertainty. Additional contributing factors included expanded sourcing across multiple Asian manufacturing locations and higher average selling prices, driven by increased supplier and logistics costs. The company noted that U.S. import tariffs were borne by customers as importers of record and did not directly impact JM Group Ltd.'s revenue recognition. Despite a challenging external trading environment, JM Group Ltd. achieved revenue growth through supply chain adjustments and by meeting increased demand, particularly in sports, outdoors, and personal care products. The company also highlighted ongoing exposure to the economic, political, and legal environment in Hong Kong, which may affect futu