HINGTEX HLDGS released its interim results, with a loss attributable to shareholders of HKD 10.41 million, a year-on-year decrease of 39.28%
HINGTEX HLDGS released its interim results for the period ending June 30, 2025, reporting revenue of HKD 108 million, a year-on-year decrease of 1.7%; a loss attributable to shareholders of HKD 10.41 million, a year-on-year decrease of 39.28%; and a loss per share of HKD 0.0163. In the first half of the year, the denim business experienced two phases, with strong performance from the Vietnam production facilities, attracting new customers and expanding orders, particularly due to increased demand from American brands
According to the Zhitong Finance APP, HINGTEX HLDGS (01968) released its interim results for the six months ending June 30, 2025, reporting revenue of HKD 108 million, a year-on-year decrease of 1.7%; the loss attributable to shareholders was HKD 10.41 million, a year-on-year decrease of 39.28%; and the loss per share was HKD 1.63.
In the first half of 2025, the Group's denim business experienced two distinctly different phases. Based on the foundation laid by the 2024 "China Plus One" strategy, the production facilities in Vietnam performed strongly in the initial months. This operation, having gone through a successful "seeding period," achieved significant growth, attracting new customers and prompting existing major brand owners (brand owner customers) to expand their order volumes and product options. The demand from high-quality denim brands in the United States continued to grow, especially from brands seeking reliable suppliers that offer tariff-advantaged production solutions, further enhancing the performance of the high-margin segment
