HK Stock Market Move | TEXWINCA HOLD (00321) Falls Over 17% After Profit Warning, Expects Interim Consolidated Profit to Drop Up to 60% YoY

TEXWINCA HOLD (00321) fell over 17% after the profit warning, down 16.29% as of press time to HK$0.745, with turnover of HK$3.5871 million. On the news front, on the evening of October 28, TEXWINCA HOLD issued a profit warning, stating that the group expects consolidated profit attributable to ordinary equity owners of the company for the six months ended September 30, 2026 to decrease by approximately 50% to 60% year-on-year. This is mainly due to pressure on gross profit margins in the textile and garment business. Despite achieving higher order volumes, profitability was further affected by the appreciation of the RMB against the US dollar and competitive pressure on sales price adjustments, which prevented the full pass-through of increased costs; however, part of the impact was offset by improved operating performance in the retail and distribution business.