Carry Wealth Swings to Deeper 2025 Loss as Orders Slide and Costs Bite

An announcement from Carry Wealth Holdings Limited ( (HK:0643) ) is now available.

Carry Wealth Holdings Limited reported a sharp deterioration in 2025 results as revenue almost halved to HK$315.2 million and its net loss widened to HK$46.2 million, reflecting weaker orders from U.S. and European customers and ongoing cost pressures. The group completed its transition to a fully outsourced production model in Southeast Asia, converting its Heshan, Mainland China facility into a non‑revenue‑generating support hub, while its securities investment segment remained inactive, underscoring a cautious stance amid volatile markets.

The garment manufacturing and trading segment was hit by reduced consumer spending on non‑essential goods due to inflation and economic uncertainty, leading to a substantial contraction in shipment values and a segment loss of HK$29.8 million. Management highlighted rising costs for raw materials, logistics and compliance as further eroding margins, leaving stakeholders facing a tougher earnings outlook despite the completion of the group’s regional production realignment.

The most recent analyst rating on (HK:0643) stock is a Hold with a HK$0.23 price target. To see the full list of analyst forecasts on Carry Wealth Holdings Limited stock, see the HK:0643 Stock Forecast page.

More about Carry Wealth Holdings Limited

Carry Wealth Holdings Limited is a Hong Kong-listed manufacturer and trader of garment products for internationally renowned brand names, with its core revenue derived from the U.S. and European markets. The group also operates a small securities investment segment focused on Hong Kong-listed equities, where it follows a conservative strategy amid market volatility.

Average Trading Volume: 958,068

Technical Sentiment Signal: Sell

Current Market Cap: HK$219.6M

See more insights into 0643 stock on TipRanks’ Stock Analysis page.