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An announcement from Hingtex Holdings Ltd. ( (HK:1968) ) is now available.
Hingtex Holdings Limited reported a 3.0% year-on-year increase in revenue to HK$221.2 million for the year ended 31 December 2025, supported by modestly higher gross profit despite rising costs of sales and services. The company remains loss-making, but its net loss attributable to shareholders narrowed to HK$31.3 million from HK$35.0 million, while basic loss per share improved to HK4.89 cents from HK5.46 cents.
After stripping out non-cash items such as impairment losses, fair value changes and losses from an associate, Hingtex’s adjusted net loss before tax narrowed by 18.7% to HK$27.4 million, signalling operational improvement. Reduced administrative expenses and lower finance costs contributed to the smaller loss, suggesting ongoing cost discipline and a gradual stabilisation of its financial performance, though the group still faces profitability challenges in a competitive textile market.
The most recent analyst rating on (HK:1968) stock is a Hold with a HK$0.16 price target. To see the full list of analyst forecasts on Hingtex Holdings Ltd. stock, see the HK:1968 Stock Forecast page.
More about Hingtex Holdings Ltd.
Hingtex Holdings Limited, incorporated in the Cayman Islands and listed in Hong Kong, operates in the textiles and garment-related manufacturing sector. The group generates revenue primarily from the sale of its textile products and related services, serving customers in export-oriented markets and competing in a margin-sensitive, volume-driven industry.
Average Trading Volume: 201,366
Technical Sentiment Signal: Buy
Current Market Cap: HK$115.2M
See more data about 1968 stock on TipRanks’ Stock Analysis page.