According to the Zhitong Finance App, Huichui International (Holdings) (08041) released its third quarter results for the nine months ending March 31, 2023. The group obtained revenue of HK$53.743 million during the period, an increase of 17.08% over the previous year; losses attributable to shareholders were HK$1,277 million, a decrease of 79.84% over the previous year; and the basic loss per share was HK0.16 cents.

According to the announcement, the gross profit margin of the swimwear and apparel segment during this period was approximately 32% (same period in 2022:19%). The gross profit for the period was mainly due to increased order revenue and increased profit margins for the swimwear and apparel segment.