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Tai Ping Carpets Holds Revenue Steady but Profit Slips as Asia Weakens

Story Highlights
  • Tai Ping Carpets kept revenue stable and margins firm, but profits fell on higher costs.
  • EMEA and U.S. sales grew strongly, offsetting Asia’s slump as the firm upgrades manufacturing.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Tai Ping Carpets Holds Revenue Steady but Profit Slips as Asia Weakens

Meet Samuel – Your Personal Investing Prophet

The latest update is out from Tai Ping Carpets International ( (HK:0146) ).

Tai Ping Carpets reported interim revenue of HK$309 million for the six months to 31 December 2025, broadly flat year-on-year, with a stable gross margin of 62% but a 9% decline in profit attributable to shareholders to about HK$20 million, as higher distribution and marketing spend and inflationary pressures squeezed operating profit. Regional performance was mixed, with strong carpet sales growth of 21% in EMEA and 12% in the U.S. offset by a 36% drop in Asia linked to China’s property slowdown, while the group continued investing in automation, lean practices and sustainability in its Xiamen and Georgia manufacturing operations to improve efficiency and reinforce its cost structure.

The most recent analyst rating on (HK:0146) stock is a Buy with a HK$1.50 price target. To see the full list of analyst forecasts on Tai Ping Carpets International stock, see the HK:0146 Stock Forecast page.

More about Tai Ping Carpets International

Tai Ping Carpets International Limited is a Bermuda-incorporated company listed in Hong Kong that designs, manufactures and sells carpets and related products. The group focuses on premium carpet operations with a global footprint, serving customers across EMEA, the U.S. and Asia, supported by manufacturing facilities including an Artisan workshop in Xiamen and a unit in Georgia.

Average Trading Volume: 40,368

Technical Sentiment Signal: Buy

Current Market Cap: HK$403.2M

Find detailed analytics on 0146 stock on TipRanks’ Stock Analysis page.

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