TAI PING CARPETS INTERNATIONAL LIMITED (Stock Code: 146) released its unaudited interim results for the six months ended 31 December 2025. The Group’s revenue reached HK$309.5 million, compared with HK$308.4 million in the same period last year, while gross margin remained at 62%. Operating profit came in at HK$21.6 million, and profit attributable to owners of the Company was HK$19.7 million, representing a 9% decrease compared with the prior-year period. Basic profit per share was 9.28 HK cents, down from 10.23 HK cents.

Carpet operations performed solidly in EMEA and the US. EMEA sales grew 21%, helped by moderating inflation and stabilizing energy costs. The US market saw a 12% increase, supported by operational enhancements and improved logistics. However, sales in Asia declined by 36% amidst cautious consumer sentiment and a slowdown in China’s property market.

During the reporting period, manufacturing activities continued to focus on staff development, operational efficiency, and sustainability initiatives. The US-based Premier Yarn Dyers facility worked on plant modernization, including new equipment and the upcoming deployment of an enhanced IT system.

The Group held HK$273 million in total cash and cash equivalents and short-term fixed deposits as of 31 December 2025, with no bank borrowings. Capital expenditure during the period amounted to HK$5 million, primarily for property, plant, and equipment. The Board does not recommend an interim dividend for this period, in line with the previous year.