Core Viewpoint - 恒富控股 (00643) has issued a profit warning, expecting a significant increase in net losses for the six months ending June 30, 2025, amounting to approximately 30 million HKD, compared to a loss of about 12 million HKD for the six months ending June 30, 2024 [1] Group 1: Financial Performance - The company anticipates a substantial net loss of approximately 30 million HKD for the upcoming six-month period [1] - The expected loss for the previous six-month period was around 12 million HKD [1] - Revenue is projected to decline by approximately 70% due to a significant reduction in order volume from major clients in the US and Europe [1] Group 2: Operational Challenges - The decline in revenue is attributed to changes in procurement strategies by clients, alongside broader macroeconomic challenges [1] - The company's gross margin has decreased, influenced by ongoing inflationary pressures on supply chain and subcontractor pricing [1] - There has been a reduction in sales volume of higher-margin children's clothing, contributing to the overall decline in profitability [1] Group 3: Facility and Production Issues - The company faces idle costs associated with its Heshan facility, which will cease handling any further production orders after completing existing ones by May 2024 [1]

Core Viewpoint - 恒富控股预计在未来六个月内将面临大幅扩大的净亏损，主要由于收益大幅下跌和宏观经济压力 [1] Financial Performance - The company anticipates a net loss of approximately 30 million HKD for the six months ending June 30, 2025, compared to a loss of about 12 million HKD for the six months ending June 30, 2024 [1] - Revenue is expected to decline by approximately 70%, primarily due to a significant reduction in order volume from major clients in the US and Europe [1] Operational Challenges - The decline in gross margin is attributed to ongoing inflationary pressures on supply chain and subcontractor pricing, despite a strategic shift to Southeast Asia [1] - There has been a decrease in sales volume of higher-margin children's clothing, contributing to the overall financial downturn [1] - The company faces idle costs at its Heshan facility, which will cease handling any further production orders after completing existing ones by May 2024 [1]

Core Viewpoint - As of the market close on August 21, a total of 86 stocks reached their 52-week highs, indicating a positive trend in the market [1] Group 1: Stocks Reaching 52-Week Highs - The top three stocks with the highest new high rates are: - Tian Shi Resources (08028) with a high rate of 76.34%, closing at 0.320 and reaching a peak of 0.395 [2] - Da Yu Financial Equity (02930) with a high rate of 62.86%, closing at 0.044 and reaching a peak of 0.057 [2] - Heng Fu Holdings (00643) with a high rate of 32.88%, closing at 0.880 and reaching a peak of 0.970 [2] - Other notable stocks include: - Yi Chen Group (08365) with a high rate of 14.42% [2] - China Biotechnology Services (08037) with a high rate of 14.13% [2] - Jin Bang Da Bao Jia (03315) with a high rate of 12.80% [2] Group 2: Stocks Reaching 52-Week Lows - The stocks that reached their 52-week lows include: - China Tongshang Group (01719) with a low rate of -12.50%, closing at 0.395 and reaching a low of 0.350 [2] - Global Friendly Drink Smart (08496) with a low rate of -8.93% [2] - Guohong Hydrogen Energy (09663) with a low rate of -7.17% [2] - Additional stocks with significant declines include: - Xi Ye Rong Technology (08107) with a low rate of -6.67% [2] - Rong Wanjia (02146) with a low rate of -6.25% [2]

Group 1 - The Hang Seng Index closed at 25,104.61 points, down 0.24% on August 21 [1] - Hengfu Holdings (00643.HK) closed at HKD 0.88 per share, up 29.41%, with a trading volume of 10.83 million shares and a turnover of HKD 8.6831 million, showing a volatility of 42.65% [1] - Over the past month, Hengfu Holdings has seen a cumulative increase of 156.6%, and a year-to-date increase of 109.23%, outperforming the Hang Seng Index by 25.45% [1] Group 2 - For the fiscal year ending December 31, 2024, Hengfu Holdings reported total revenue of HKD 616 million, a year-on-year increase of 34.81% [1] - The company recorded a net profit attributable to shareholders of -HKD 31.2937 million, a year-on-year decrease of 278.97% [1] - The gross profit margin stood at 9.95%, and the debt-to-asset ratio was 38.25% [1] Group 3 - Currently, there are no institutional investment ratings for Hengfu Holdings [1] - The average price-to-earnings (P/E) ratio for the textile and apparel industry is -11.44 times, with a median of 3.54 times [1] - Hengfu Holdings has a P/E ratio of -18.11 times, ranking 78th in the industry [1] Group 4 - Hengfu Holdings Limited and its subsidiaries are engaged in the production and trading of ready-made garments for several internationally recognized brands and are involved in securities investment [2] - The company is headquartered in Hong Kong and was listed on the main board of the Hong Kong Stock Exchange in 2000 [2] - The name "Hengfu" signifies "everlasting wealth," reflecting the company's commitment to delivering optimal returns to its shareholders [2] Group 5 - Important dates include the disclosure of the 2025 fiscal year interim report on August 28, 2025 [3] - On August 20, 2025, the company expects a profit decrease of approximately -HKD 30 million, representing a year-on-year decline of 150% [3]

Core Viewpoint - Hengfu Holdings (00643) anticipates a significant increase in net loss to approximately HKD 30 million for the six months ending June 30, 2025, compared to a loss of about HKD 12 million for the same period ending June 30, 2024 [1] Summary by Relevant Categories Financial Performance - The company expects a net loss of approximately HKD 30 million for the upcoming six months, a substantial increase from the previous loss of about HKD 12 million [1] - Revenue is projected to decline significantly by approximately 70% due to a notable decrease in order volume from major clients in the US and Europe [1] Operational Challenges - The decline in revenue is attributed to changes in procurement strategies by clients, compounded by broader macroeconomic challenges [1] - The company's gross margin has decreased, primarily due to ongoing inflationary pressures on supply chain and subcontractor pricing, despite a strategic shift to Southeast Asia [1] Product-Specific Issues - There has been a reduction in sales volume of higher-margin children's clothing, which has negatively impacted overall profitability [1] - The idle costs associated with the Heshan facility are also affecting financial performance, as the facility will not handle any further production orders after completing existing ones in May 2024 [1]

Core Viewpoint - 恒富控股预计截至2025年6月30日的六个月内将录得约3000万港元的净亏损，较2024年同期的约1200万港元亏损大幅增加 [1] Financial Performance - 预计2025年上半年的净亏损为3000万港元，而2024年上半年的亏损为1200万港元 [1] - 收益预计大幅下跌约70%，主要由于来自美国及欧洲主要客户的订单量显著减少 [1] Operational Challenges - 毛利率下跌的原因包括： - 尽管公司战略性转移至东南亚，但供应链及分包商定价仍承受通胀压力 [1] - 利润率较高的童装销售量减少 [1] - 鹤山设施的闲置成本影响，预计在2024年5月完成现有生产订单后将不再处理任何进一步的生产订单 [1]

Core Viewpoint - The company expects a significant increase in net loss to approximately HKD 30 million for the six months ending June 30, 2025, compared to a loss of about HKD 12 million for the same period ending June 30, 2024 [1] Financial Performance - The anticipated performance decline is primarily attributed to a substantial revenue drop of around 70% due to a significant reduction in order volume from major clients in the US and Europe, driven by changes in client procurement strategies and broader macroeconomic challenges [1] - The company's gross margin has decreased, influenced by ongoing inflationary pressures on supply chain and subcontractor pricing, despite a strategic shift to Southeast Asia [1] - There has been a reduction in sales volume of higher-margin children's clothing, contributing to the overall financial downturn [1] Operational Challenges - The company is facing idle costs associated with its Heshan facility, which, as previously announced on May 24, 2024, will not handle any further production orders after completing existing ones in May 2024 [1]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示，概 不 對 因 本 公 告 全部或任何部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責 任。 本公司股東及潛在投資者務請參考預期於二零二五年八月二十九日刊發之本 公 司 截 至 二 零 二 五 年 六 月 三 十 日 止 六 個 月 之 中 期 業 績 公 告。 本 公 司 股 東 及 潛 在 投 資 者 於 買 賣 本 公 司 股 份 時 務 請 審 慎 行 事。 承董事會命 恒富控股有限公司 盈利警告 本 公 告 乃 恒 富 控 股 有 限 公 司（「本公司」及 其 附 屬 公 司 統 稱 為「本集團」）根 據 香 港 聯 合 交 易 所 有 限 公 司 證 券 上 市 規 則（「上市規則」）第13.09條及證券及期貨條例 （香 港 法 例 第571章）（「證券及期貨條例」）第XIVA部 之 內 幕 消 息 條 文 而 刊 發。 根 據 本 集 團 之 綜 合 管 理 賬 目 之 初 步 評 估，本 公 司 董 事 會（「董事會」）謹 ...

Group 1 - The core viewpoint of the article highlights the recent stock performance of Hengfu Holdings, which saw a 6.0% increase, reaching HKD 0.53 per share with a trading volume of HKD 2.6791 million [1] - Hengfu Holdings Limited and its subsidiaries primarily engage in the production and trading of apparel products for various internationally recognized brands, as well as securities investment [1] - The company has production facilities in mainland China, is headquartered in Hong Kong, and was listed on the main board of the Hong Kong Stock Exchange in 2000 [1] Group 2 - As of the 2024 annual report, Hengfu Holdings reported total revenue of HKD 616 million and a net profit of -HKD 31.2937 million [2] - Hengfu Holdings is scheduled to disclose its interim report for the fiscal year 2025 on August 28 [3]

Group 1 - The core point of the article highlights the recent stock performance of Hengfu Holdings, which saw a 6.25% increase, reaching HKD 0.51 per share with a trading volume of HKD 2.5322 million [1] - Hengfu Holdings Limited and its subsidiaries primarily engage in the production and trading of garment products for various internationally recognized brands, as well as securities investment [1] - The company has production facilities in mainland China, is headquartered in Hong Kong, and was listed on the main board of the Hong Kong Stock Exchange in 2000 [1] Group 2 - As of the 2024 annual report, Hengfu Holdings reported total revenue of HKD 616 million and a net loss of HKD 31.2937 million [2] - Hengfu Holdings is scheduled to disclose its interim report for the fiscal year 2025 on August 28 [3]