国信证券发布研报称，天虹国际集团是全球棉纱龙头生产商。上半年公司纱线主业稳健增长，随着产能利用率回升及成本优化，各项业务毛利率同环比改善，下半年订单量价有望延续复苏回暖。中长期看，本地供应链是大势所趋，公司早年布局全球化，具有本地供应链、快速响应的先发优势，和龙头规模优势，有望持续获取市场份额。texhong intl gp (02678) is now up nearly 7%, up 6.8% as of the time of publication, at HK$3.77, with a turnover of 4.7485 million Hong Kong dollars.
According to the Wise News Finance APP, texhong intl gp (02678) is now up nearly 7%, up 6.8% as of the time of publication, at HK$3.77, with a turnover of 4.7485 million Hong Kong dollars.
On the news front, texhong intl gp previously released its interim performance, with first-half revenue increasing by 4.2% to 11.24 billion yuan year-on-year, mainly driven by the growth of the yarn main business; net income attributable to shareholders was 0.27 billion yuan, turning a loss of 0.75 billion yuan in the same period last year, achieving a reversal of losses to profits. The gross margin increased significantly by 10.8 percentage points year-on-year to 13.2%, up 3.1 percentage points quarter-on-quarter, mainly benefiting from the recovery of production capacity utilization and the completion of the digestion of high-priced inventory cost pressure at the end of last year.
guosen Securities released a research report stating that texhong intl gp is a global leader in cotton yarn production. In the first half of the year, the company's yarn main business showed steady growth, with improvements in gross margin for various businesses compared to the previous period driven by the recovery of production capacity utilization and cost optimization. The second half of the year is expected to see continued recovery and warming in order volume and prices. In the medium to long term, the trend is towards the local supply chain, with the company's early global layout providing local supply chain and fast response advantages, along with its leading scale advantage, which is expected to continue gaining market share.
