Pacific Textiles Books 14% Drop in Fiscal H1 Profit

MT Newswires Live

Nov 21, 2024

Pacific Textiles Holdings (HKG:1382) recorded a profit attributable to equity holders of HK$106.9 million for the six months ended Sept. 30, down 14.1% from HK$124.5 million last year, a Thursday filing with the Hong Kong exchange said.

Earnings per share attributable to equity holders stood at HK$0.08 for the reporting period, compared with HK$0.09 recorded for the year-ago period.

The textile products manufacturer and trader booked HK$2.67 billion in revenue, up 16.2% from HK$2.29 billion a year ago.

The company attributed this to an increase in sales volume for the reporting period.

The board recommended an interim dividend of HK$0.07 per share for the reporting period, unchanged from last year.

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