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Hong Kong Stock Movement | TEXHONG INTL GP (02678) Rises Over 5%, Anticipates 2025 Net Profit to Grow Approximately 60%

Stock News01-19 10:28

TEXHONG INTL GP (02678) surged more than 5%. As of the time of writing, the stock was up 5.46%, trading at HKD 5.41, with a turnover of HKD 3.48 million. On the evening of January 16, TEXHONG INTL GP released an announcement stating that for the year ending December 31, 2025, the Group is expected to achieve a net profit representing an increase of approximately 60% compared to the approximately RMB 589 million recorded for the year ending December 31, 2024. This is primarily attributable to a recovery in orders from both domestic and international markets in 2025, leading to improvements in both the Group's sales volume and capacity utilization rate compared to 2024, which subsequently enhanced the product gross profit margin for the 2025 fiscal year. Furthermore, benefiting from the continuous optimization of the Group's asset-liability structure, financial expenses for 2025 also saw a significant year-on-year decrease.

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