
Monday Jun 02, 2025
TT International: FY2025 Financial Results
TT International Limited has released its unaudited financial statements for the full year ended 31 March 2025, revealing a period of continued operational challenges and ongoing efforts to manage its financial restructuring. The company's performance reflects a challenging retail environment and significant cost pressures, while its long-standing scheme of arrangement continues to be a central focus for its stakeholders.
• The company experienced a noticeable decline in its top-line performance, alongside a reduction in its operational losses compared to the previous year
• Despite some improvements, the group continues to navigate a complex financial landscape, marked by persistent industry headwinds and significant debt restructuring efforts
• Ongoing legal proceedings and continuous engagements with creditors and potential funders remain crucial as the company seeks to stabilize its financial position