---
title: "Aspial expects double-digit revenue growth in the first quarter of this year, leveraging a light asset model to cope with changing tariff policies"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/225530349.md"
description: "Aspial expects its revenue in the first quarter of this year to achieve a mid-single-digit to double-digit growth, with a gross margin maintained at 27% to 29%. The company has a light asset model and strategic acquisitions, with low customer concentration risk, currently having 130 clients. Aspial has over 90 factories in 6 countries, flexibly responding to tariff policies and geopolitical risks"
datetime: "2025-01-20T09:20:51.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/225530349.md)
  - [en](https://longbridge.com/en/news/225530349.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/225530349.md)
---

# Aspial expects double-digit revenue growth in the first quarter of this year, leveraging a light asset model to cope with changing tariff policies

Left: Wang Qisen, Vice President of Aspial Group; Left two: Chairman and Executive Director Si Tu Zhiren

The chairman and executive director of the clothing trader Aspial (1346), Si Tu Zhiren, expects that the revenue in the first quarter of this year is likely to achieve a year-on-year growth of mid-single to double digits, with a gross profit margin maintained at 27% to 29%. Vice President Wang Qisen stated that since 2020, the company's scale has more than doubled, and by winning customers and making strategic acquisitions, it continues to double its sales and profits every three years, while currently promoting a bidirectional market platform to optimize factory matching, achieve scaling, and create industry-leading profits.

## Meeting Customer Clothing Needs Develop Faster than Peers

Wang Qisen stated that the light asset model has brought significant results, with the company currently having 130 customers, and no single customer contributing more than 12% of revenue, reflecting a lower concentration risk. He further pointed out that the company, as a "one-stop shop," is developing strategic customer relationships and is committed to meeting all clothing needs of customers, including multi-variety and small-batch order production, short delivery times, etc., allowing the company to develop faster than its peers.

## Flexible Production Line Adjustment in 6 Countries

Regarding the upcoming inauguration of the new U.S. President Trump, Si Tu Zhiren stated that given the company's operation under a light asset model, it can respond flexibly to unpredictable tariff policies. Wang Qisen added that Aspial currently has over 90 factories in 6 countries, allowing for flexible adjustment of production lines to help customers cope with geopolitical risks

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