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Pacific Textiles Holdings Reports Stable Profits Amid Revenue Growth

Story Highlights
  • Pacific Textiles Holdings reported increased revenue but a decline in gross profit.
  • The company’s total comprehensive income improved significantly despite currency challenges.
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Pacific Textiles Holdings Reports Stable Profits Amid Revenue Growth

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Pacific Textiles Holdings ( (HK:1382) ) has issued an update.

Pacific Textiles Holdings announced its audited consolidated results for the financial year ended March 31, 2025. The company reported a revenue increase to HK$5,057,570,000 from HK$4,739,010,000 in the previous year, despite a decline in gross profit from HK$497,437,000 to HK$383,985,000. The profit attributable to equity holders remained stable at HK$167,597,000. The total comprehensive income for the year was HK$95,121,000, a significant improvement from the previous year’s HK$48,582,000, despite currency translation differences negatively impacting the results. This announcement reflects the company’s resilience and ability to maintain profitability amidst challenging market conditions.

More about Pacific Textiles Holdings

Pacific Textiles Holdings is a company incorporated in the Cayman Islands, operating in the textiles industry. It is listed on the Hong Kong Stock Exchange and focuses on producing and distributing various textile products.

Average Trading Volume: 2,381,564

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$1.88B

Find detailed analytics on 1382 stock on TipRanks’ Stock Analysis page.

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