Hong Kong stocks movement | pacifictextiles (01382) fell over 8% after results, with mid-term net profit decreasing by approximately 14.1% to 0.107 billion Hong Kong dollars.

Zhitong Finance · Nov 21 21:34

Pacifictextiles (01382) fell over 8% after earnings, currently down 8.23%, quoted at 1.45 HKD, with a transaction amount of 6.0601 million HKD.

According to Zhitong Finance APP, Pacifictextiles (01382) fell over 8% after earnings, currently down 8.23%, quoted at 1.45 HKD, with a transaction amount of 6.0601 million HKD.

In the news, Pacifictextiles announced its interim results for the six months ending September 30, 2024, with revenue of approximately 2.667 billion HKD, an increase of about 16.2% year-on-year; the profit attributable to the company's equity holders was approximately 0.107 billion HKD, a decrease of about 14.1% year-on-year. Earnings per share were 0.08 HKD, with an interim dividend of 7 HK cents per share.

The announcement stated that the decline in profits was primarily due to a loss of approximately 48 million HKD during the early operational phase of the newly established Nghe An factory in Vietnam before transitioning to large-scale production in September 2024; the strong Typhoon Mun in early September 2024 led to a temporary shutdown and damage at the Hai Duong factory in Vietnam, causing a negative impact of about 12 million HKD during the review period.

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港股异动 | 互太纺织(01382)绩后跌超8% 中期纯利同比减少约14.1%至1.07亿港元

Hong Kong stocks movement | pacifictextiles (01382) fell over 8% after results, with mid-term net profit decreasing by approximately 14.1% to 0.107 billion Hong Kong dollars.

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