CRYSTAL INTL (02232) released its interim results with a net profit attributable to shareholders of $98.265 million, representing a 17% increase year-on-year.

CRYSTAL INTL (02232) released its performance for the six months ending on June 30, 2025, with revenue of $1.229 billion, a year-on-year increase of 12.4%; the company's attributable profit to owners was $98.265 million, a year-on-year increase of 17%; basic earnings per share were 3.44 cents, with a proposed interim dividend of 16.3 Hong Kong cents per share. The increase in gross profit margin for leisurewear and intimate apparel was mainly due to effective improvements in production efficiency. The decrease in gross profit margin for knitwear was mainly due to an increase in sales volume of low-profit margin regular items. In the first half of 2025, all divisions of the group achieved balanced growth, benefited from successfully increasing market penetration among key brand customers. The group effectively seized the opportunities brought by expanding into diversified product categories for brand customers. The group's largest brand customers and several major sportswear brand customers showed remarkable sales growth, collectively serving as strong growth engines for the group. Through strategic capacity expansion and production efficiency optimization, the group achieved revenue growth and margin improvement, effectively mitigating the adverse impact of high U.S. tariffs. The group expanded its workforce last year, hiring about 10,000 employees, and has fully unleashed operational efficiency during the reporting period. This forward-looking capacity investment, combined with accelerated automation measures and optimized data-driven processes, creates ample operational flexibility to offset tariff impacts.