Millennium Group International Holdings Ltd
millennium-gp.comWhat Do They Do?
Makes paper-based inner packaging products for business customers, along with corrugated shipping boxes and packaging supply-chain services for global clients.
20-F for FY2025, filed Oct 28, 2025We offer paper-based inner and outer packaging products which can be broadly categorized into packaging products and corrugated products.View ↗
Corrugated paper is a durable, versatile, economical and light weight material and applied in making packaging containers for…View ↗
As of the date hereof, we own and operate two production sites in the PRC and Vietnam respectively, encompassing various production lines…View ↗
Founded in 1978, we are a long-established total paper-based packaging solutions supplier. We are headquartered in Hong Kong with…View ↗
How Do They Make Money?
Customers order finished paper products or packaging supply-chain solutions through purchase orders; the company earns the sale when the goods reach the agreed delivery point, with payment due under the order’s invoice terms.
20-F for FY2025, filed Oct 28, 2025
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20-F for FY2025, filed Oct 28, 2025
FY2025 revenue by product or service ↗
$25.3M
-
20-F for FY2025, filed Oct 28, 2025
$25.3M ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Packaging products
Sold outright
20-F for FY2025, filed Oct 28, 2025 |
62%
FY2022: 55%
|
Packaging products, FY2025
$15.7M Sources
|
Sold outright |
|
Corrugated products
Sold outright
20-F for FY2025, filed Oct 28, 2025 |
20%
FY2022: 36%
|
Corrugated products, FY2025
$5.2M Sources
|
Sold outright |
|
Packaging products supply chain management solutions
Sold outright
20-F for FY2025, filed Oct 28, 2025 |
17%
FY2022: 9.0%
|
Packaging products supply chain management solutions, FY2025
$4.4M Sources
|
Sold outright |
Who Are Their Customers?
Customers seeking packaging products request quotations and place purchase orders with the company; most are repeat customers, while referrals and trade shows bring in new buyers.
20-F for FY2025, filed Oct 28, 2025In most transactions, our customers approach us for quotations with product requirements on a case-by-case basis. While most of our…View ↗
As of the date hereof, our customer purchase orders were generally procured by quotations. We maintain a systematic workflow comprising B2B…View ↗
Referrals from our existing customers: We attract new customers through referrals from our existing customers. We receive invitations or…View ↗
Participation’s in trade fairs and exhibitions: We participate in industry seminars, trade fairs and other industry related trade…View ↗
20-F for FY2025, filed Oct 28, 2025
2025 2024 2023 Customer % % % A $ 5,163,870 20.4 - - - - B - - $ 7,257,128 18.8 $ 6,334,447 13.9View ↗
Do Revenues Turn Into Profits?
No. It lost $6.3M in FY2025.
20-F for FY2025, filed Oct 28, 2025
−$6MView ↗
20-F for FY2025, filed Oct 28, 2025
−$6.3MView ↗
20-F for FY2025, filed Oct 28, 2025
−$3.7MView ↗
How Are They Changing?
Shrinking. Revenue fell 61% in 4 years, from $64.6M in FY2021 to $25.3M in FY2025, about 21% a year.
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