CHINA WEAVING (03778) announced its interim results, with a shareholders' profit of 10.804 million yuan, turning a profit from a loss compared to the same period last year.

CHINA WEAVING (03778) announced its interim results for the six months ending June 30, 2026, reporting revenue of 461 million yuan, a decrease of 9.9% year-on-year; the profit for the period was 10.804 million yuan, compared to a loss of 10.096 million yuan in the same period last year; basic earnings per share were 8.6 cents. The profits attributable to the owners of the company were primarily due to an increase in gross margin and reduced income tax expenses. For the six months ending June 30, 2026, the group's net profit margin was approximately 2.3%, while for the six months ending June 30, 2025, it recorded a net loss margin of about 2.0%.