PACIFICTEXTILES (01382) fell more than 7%, dropping 7.14% to HK$1.3 by the time of writing, with a turnover of HK$2.6968 million. The company announced that for the six months ending September 30, 2025, its attributable net profit is expected to range between approximately HK$72 million and HK$82 million, compared to HK$107 million in the same period last year.

The decline in profit was primarily due to reduced sales orders after the U.S. announced a significant tariff hike on imports from Vietnam, leading some American clients to suspend or cancel orders placed with the company's Vietnamese factories. Lower utilization of production facilities also resulted in higher fixed cost absorption.

However, the company noted that the impact of U.S. import tariffs has gradually eased since July 2025, with the tariff subsequently set at a lower rate of 20%. Sales orders have now recovered to March 2025 levels, and the utilization rates of its two Vietnamese factories have rebounded to 80%-90%.