TEXWINCA HOLDINGS (00321) announces its interim financial results, with the attributable profit to shareholders reaching approximately HK$101.5 million, representing a year-on-year increase of 132.4%.

TEXWINCA HOLD(00321) announced its interim results for the six months ending September 30, 2024, with revenue of approximately HK$3.01 billion, a year-on-year increase of 13.5%; net profit attributable to ordinary equity holders of the company was approximately HK$101.5 million, a year-on-year increase of 132.4%; earnings per share were 7.3 HK cents, with an interim dividend of 1 HK cent per share and a special interim dividend of 3 HK cents per share. The announcement stated that the revenue growth was mainly driven by the increase in textile business revenue. The profit growth benefited from the optimization and integration plan of Barney's resources and the increase in e-commerce business income, which narrowed the losses in retail and distribution business, as well as the recognition of income from the land acquisition of the Guangzhou warehouse.