WAHSUN HANDBAGS (02683) announces its annual performance, with a net profit attributable to shareholders of HK$86.37 million, representing a year-on-year increase of 34.38%.
Hua Xin Handbag International Holdings (02683) announced its performance for the year ending 31st March 2026. The group achieved a revenue of HK$850 million, an increase of 17.32% compared to the previous year. The net profit attributable to owners of the company was HK$86.371 million, an increase of 34.38% year on year. Earnings per share were 21.1 HK cents.
WAHSUN HANDBAGS (02683) announced its annual performance for the year ending March 31, 2026. The group achieved a revenue of HK$850 million, an increase of 17.32% year-on-year. The attributable profit to owners of the company was HK$86.37 million, an increase of 34.38% year-on-year. Earnings per share were 21.1 HK cents.
The group's net profit margin increased from approximately 9.2% in the 2025 fiscal year to approximately 10.6% in the current year, primarily due to an increase in gross profit margin, sales and distribution expenses, and net impact of increased tax expenses for the year.
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