Tai Ping Carpets Reports Strong Financial Results for FY2025
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Tai Ping Carpets International (HK:0146) reported strong financial results for FY2025, with revenue rising to HK$658.8 million from HK$640.2 million. The company achieved a gross profit of HK$401.6 million and a net profit of HK$43.8 million, despite higher distribution and administrative costs. Total comprehensive income was HK$50.2 million, reflecting positive currency translation. Analysts rate the stock as a Buy with a target price of HK$1.50. Tai Ping Carpets focuses on high-quality carpet design, manufacturing, and distribution, and is listed on the Hong Kong Stock Exchange.
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