"Profit Alert" TEXHONG INTL GP's gross margin increases, expected to earn 60% more for the whole year
TEXHONG INTL GP (02678.HK) issued a profit warning, expecting the net profit for the fiscal year 2025 to increase by approximately 60% compared to the 589 million RMB for the fiscal year 2024. This is mainly due to the recovery of orders in domestic and international markets, which has led to an increase in the group's sales and capacity utilization, thereby improving product gross margins; and a significant decrease in financial expenses
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