Understanding the Market | TEXHONG INTL GP rises over 8% again, expected to see a year-on-year increase of about 60% in net profit for the first half of the year

TEXHONG INTL GP rose over 8% again, after a surge of more than 15% in the previous trading day. As of the time of writing, it is up 8.32%, trading at HKD 5.08, with a transaction volume of HKD 6.4131 million. On the news front, TEXHONG INTL GP recently issued a profit warning, expecting that the group's net profit for the six months ending June 30, 2025, will increase by approximately 60% compared to the same period last year, reaching around RMB 280 million. This is mainly due to a rebound in domestic and international market orders during this period, with both the group's sales and capacity utilization rates improving compared to the same period last year, and the gross profit margin of products also showing improvement. Additionally, thanks to the continuous improvement in the group's asset-liability structure, financial expenses during this period have also significantly decreased compared to the same period last year