Tungtex HY sales to North America drop 23.3% to HKD 101.1 million
Reuters
Dec 11, 2025
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.
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