Tungtex HY sales to North America drop 23.3% to HKD 101.1 million

Reuters
2025/12/11
Tungtex HY sales to North America drop 23.3% to HKD 101.1 million

Tungtex (Holdings) reported a net loss attributable to shareholders of HKD 7.6 million for the half year ended 30 September 2025, compared to a net loss of HKD 14.8 million in the same period last year. The basic and diluted loss per share stood at 1.7 HK cents. Sales to the North American market declined 23.3 percent to HKD 101.1 million during the period. The group's overall loss for the period totaled HKD 8.1 million. Tungtex (Holdings) highlighted that its retail brand "Betu" in mainland China maintained healthy business performance, supported by a digital-first approach and stable digital sales. The company also noted ongoing efforts to improve production efficiency, streamline operations, and control costs in response to a challenging business environment.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tungtex (Holdings) Company Limited published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251211-11952517), on December 11, 2025, and is solely responsible for the information contained therein.

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