Wah Sun Handbags International Holdings Limited (Wah Sun Handbags) announced that net profit attributable to shareholders for the six months ended 30 September 2026 is expected to reach not less than HK$60.00 million, compared with HK$48.00 million in the prior-year period. This implies a minimum year-on-year increase of about 25%.

Revenue for the interim period is projected at approximately HK$477.00 million, up 11% from HK$432.00 million a year earlier. Management attributes the growth to stronger repeat orders from existing customers, particularly in the Netherlands and the United States.

Gross profit and margin improved on the back of higher sales volume and ongoing cost-control initiatives that lowered base production expenses. Earnings were further supported by a reversal of impairment provisions after recoveries on certain receivables, contrasting with an impairment charge booked in the previous year’s comparable period.

Partially offsetting these gains were higher sales and distribution costs, mainly linked to increased transportation expenses amid stronger sales activity and rising fuel prices, as well as a higher income tax charge reflecting the enlarged profit base.

The company is still finalising its unaudited interim results, which are slated for release in late November 2026. Shareholders and potential investors are advised to exercise caution when dealing in Wah Sun Handbags’ shares until the official results are published.