Ulferts International Limited
1711.HK
Hong Kong Stock Exchange0.14
HKD
+0.00
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Ulferts International Limited
1711.HK
(Hong Kong Stock Exchange)
Recent
price
0.14
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div
yld
- -
ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Ulferts International Limited Ulferts International Limited (1711.HK 1711.HK), an investment holding company listed on the Hong Kong Stock Exchange, engages in the retail, wholesale, and special projects business of furniture and related products primarily in Hong Kong. The company offers a comprehensive range of core products including mattresses, pillows, sofas, sofa beds, beds, cabinets, dining tables, chairs, wardrobes, coffee tables, sideboards, and ancillary items such as mattress toppers and protectors; these are sold under its proprietary brands Ulfenbo, Ulferts Signature, and Ulferts, as well as licensed international brands like himolla, Gamma, MIDJ, egoitaliano, MALERBA, Slumberland, Vono, Dormire, and at.home through specialty stores, department store counters, pop-up stores, roadshows, dealer networks exceeding 100 outlets in Hong Kong and Macau, and online platforms. It also provides compact furniture and home accessories tailored for small urban living spaces, alongside special projects services encompassing planning, design, procurement, installation, and maintenance of custom-made furniture for corporate clients in sectors such as cinemas, hotels, showflats, and staff quarters, complemented by group tenancy agency and liaison support. Founded in 1975 and headquartered in Wan Chai, Hong Kong, Ulferts International Limited operates within the consumer discretionary sector's specialty retail industry, targeting residential consumers, modern families, and commercial customers through approximately 28 points-of-sale and a workforce of around 126 employees; it functions as a subsidiary of Ulferts International Group Holdings Limited. In recent developments, the company underwent significant board changes, including the retirement of executive directors and company secretary effective April 1, 2025, with appointments of new leadership such as Ms. Chan Lai Yim as company secretary and shifts in chairman roles involving Mr. Yeung Ching Loong, Alexander and Mr. Wong Chi Fai to streamline governance amid challenging market conditions. For the fiscal year ended March 31, 2025, Ulferts reported total revenue of HK$153.0 million, reflecting a decline due to weakened consumer sentiment and property market pressures, though it implemented cost-saving measures contributing to a narrowed net loss outlook for the six months ended September 30, 2025, to not more than HK$3 million from HK$11 million prior year. No major acquisitions, partnerships, or expansions were announced in the last 1-2 years, with the company maintaining a prudent approach focused on financial stability and market observation in Hong Kong's competitive furniture sector.