Tungtex HY sales to North America fall 23.3% to HKD 101.1 million
Reuters
Nov 27
Tungtex HY sales to North America fall 23.3% to HKD 101.1 million
Tungtex (Holdings) Company Limited reported its unaudited condensed consolidated results for the six months ended 30 September 2025. The Group posted revenue of HKD 279.6 million for the period. Gross profit amounted to HKD 54.2 million. Segment results showed a profit of HKD 4.4 million in Asia, a loss of HKD 1.6 million in North America, and a loss of HKD 0.2 million in Europe and others. The Group recorded other income and gains of HKD 4.3 million, with selling and distribution costs at HKD 25.8 million and administrative expenses at HKD 38.8 million. Finance costs for the period were HKD 1.3 million. The results reflect the company's performance in the manufacturing and sale of garment products and retail of garment products across its principal markets.
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