Wah Sun Handbags (2683) Reports 22.5% Revenue Growth and Announces Special Dividend

Bulletin Express2025-11-28

Wah Sun Handbags International Holdings Limited (Stock Code: 2683) announced interim results for the six months ended 30 September 2025. Revenue increased by approximately 22.5% year-on-year to around HK$431.7 million, with gross profit at HK$103.4 million, representing a rise of 37.6%. Gross profit margin improved to 23.9% from 21.3% over the same period last year.

Net profit attributable to owners of the company reached HK$48.3 million, up by HK$21.3 million compared with the prior year’s HK$27.0 million. Earnings per share rose to HK11.8 cents from HK6.6 cents. The board declared an interim dividend of HK4.0 cents per share and a special dividend of HK2.0 cents per share. The register of members will be closed from 17 December 2025 to 19 December 2025, and the dividends are scheduled for payment on or about 9 January 2026.

Management attributed the revenue increase largely to steady sales in its principal market, the United States, and additional orders from new and existing customers in Europe and Canada. The continued focus on cost control and the early expansion of manufacturing capacity in Cambodia contributed to improved margins and profitability.

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