Creative Newtech Limited — Important, 29-10-2024: Updates

Creative Newtech Limited reported a 3.92% decrease in total income for Q2 FY25, driven by higher sales in the Fast-Moving Social-Media Gadgets (FMSG) segment. EBITDA increased 17.11%, and PAT rose 26.41% YoY. The company continues to expand its brand licensing, particularly with Honeywell, and is diversifying its product portfolio with new agreements, including CyberPowerPC. Overall, management expresses optimism for the second half of the fiscal year, supported by operational efficiencies and a lean business model.