HK Stock Market Move | NAMESON HLDGS (01982) fell more than 17%, with a year-on-year decrease of 12.2% in net profit and a 3% drop in gross profit.
Southbound Holdings (01982) fell more than 17% as of the time of filing, dropping by 17.05% to HK$0.73, with a turnover of HK$7.2818 million.
NAMESON HLDGS (01982) fell more than 17%, as of the time of writing, dropping 17.05% to HK$0.73, with a turnover of HK$7.2818 million.
On the news front, on the evening of June 22nd, NAMESON HLDGS announced its full-year results for the year ending March 31, 2026, with revenue of approximately HK$4.6234 billion, an increase of 6.2% year-on-year; gross profit of approximately HK$758.6 million, a decrease of 3%; net profit attributable to owners of approximately HK$300 million, a decrease of 12.2%; and earnings per share of 13.19 HK cents. The announcement stated that the revenue growth was mainly driven by an increase in sweater orders from Vietnam operations and an increase in fabric business orders, offset by a decline in the external sales of some cashmere yarn.
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