BREAKING:

Creative Technology Ltd. reports an improved financial year and second half, with reduced net losses driven by strategic restructuring. Despite global challenges impacting margins, sales increased annually, fostering cautious optimism for upcoming performance.

• Sales Surges & Stays Steady: Discover how new product introductions and widespread regional growth contributed to an annual increase in sales, while the latter half of the year maintained a consistent pace
• Cost Efficiency in Action: Learn about significant restructuring efforts that have streamlined operations, leading to notable reductions in both selling and research-related expenses
• Forward-Looking Confidence: Despite lingering global economic headwinds and tariff pressures, the company anticipates a steady upturn in its revenue and operating results in the period ahead

BREAKING: 

In this episode, we delve into the financial performance of Creative Technology LTD during the first half of 2025.

• Sales increased compared to the same period last year, driven mainly by new speaker products.
• The gross profit margin decreased due to a higher proportion of retail sales and competitive pricing.

Balance Sheet Highlights:

• Discussion of the decrease in cash and cash equivalents.
• Examination of changes in trade receivables, inventories and trade payables.
• The increase in financial assets at FVOCI is analysed.

Future Outlook:

• An overview of the challenges and uncertainties in the global market, including import tariffs.
• Expectations for the second half of FY2025, including increased revenue, improved operating results, and a lower operating loss

There will be an AGM on

Event dates:

For more information, click here: CREATIVE TECHNOLOGY LTD 2023 AGM