Texhong Intl Gp (02678.HK) announced good earnings news. Compared to the same period last year, it is expected to record a net profit of about 280 million yuan in the six months ending in June, instead of incurring a loss of 740 million yuan. During the reporting period, the textile market demand rebounded, sales increased, and production capacity utilization rate correspondingly improved. The gross margin of products gradually improved. On the other hand, due to the depreciation of the Vietnamese dong, several exchange losses are expected to be recorded.
《盈喜》天虹國際集團(02678.HK)估計上半年轉賺2.8億人民幣
It is estimated that Texhong Intl Gp (02678.HK)'s YINGXI turned a profit of 280 million RMB in the first half of the year.
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