Pacific Textiles Holdings Limited announced that it expects to record a profit attributable to equity holders ranging from approximately HK$72 million to HK$82 million for the six months ended 30 September 2025, down from about HK$106.9 million in the same period the previous year.
According to the announcement dated 7 November 2025, this decline was mainly triggered by a sharp fall in sales orders from April to June 2025 following a sudden increase in U.S. import tariffs to 46% on goods imported from Vietnam. The heightened tariffs led certain U.S. customers to either withhold or cancel orders placed with the Group’s factories in Vietnam. In addition, lower utilization of production facilities resulted in higher fixed costs during the period.
From July 2025, the U.S. import tariff was lowered to 20%, and the Group’s sales orders recovered to levels seen in March 2025. Utilization rates at two Vietnam factories rebounded to between 80% and 90%. The final interim results are expected to be released on 28 November 2025, and the figures provided remain subject to review by the Company’s auditor and the audit committee.