Core Viewpoint - The company, Super盈 International Holdings (02111), announced a mid-term dividend of HKD 0.125 per share to be distributed on October 10, 2025 [1] Company Summary - Super盈 International Holdings will distribute a mid-term dividend of HKD 0.125 per share [1]

Core Viewpoint - The company reported a slight decrease in revenue and profit for the six months ending June 30, 2025, along with a reduction in interim dividend per share compared to the previous year [1] Financial Performance - Revenue for the six months was approximately HKD 2,329.8 million, representing a year-on-year decrease of about 2.3% [1] - Profit attributable to shareholders was approximately HKD 260.4 million, reflecting a year-on-year decline of about 6.1% [1] Dividend Announcement - The board has resolved to declare an interim dividend of HKD 0.125 per ordinary share, down from HKD 0.1333 per ordinary share in the same period last year [1]

EF001 | 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 | | | --- | --- | | 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。 | | | 股票發行人現金股息公告 | | | 發行人名稱 | 超盈國際控股有限公司 | | 股份代號 | 02111 | | 多櫃檯股份代號及貨幣 | 不適用 | | 相關股份代號及名稱 | 不適用 | | 公告標題 | 截至二零二五年六月三十日止六個月之中期股息 | | 公告日期 | 2025年8月25日 | | 公告狀態 | 新公告 | | 股息信息 | | | 股息類型 | 中期（半年期） | | 股息性質 | 普通股息 | | 財政年末 | 2025年12月31日 | | 宣派股息的報告期末 | 2025年6月30日 | | 宣派股息 | 每 股 0.125 HKD | | 股東批准日期 | 不適用 | | 香港過戶登記處相關信息 | | | 派息金額及公司預設派發貨幣 | 每 股 0.125 HKD | | 匯率 | 1 HKD : 1 H ...

[Financial Summary](index=1&type=section&id=Financial%20Summary) This section provides a concise overview of the company's key financial performance for the six months ended June 30, 2025 Financial Summary for the Six Months Ended June 30 | Indicator | June 30, 2025 (HK$ Thousand) | June 30, 2024 (HK$ Thousand) | Change (%) | | :--- | :--- | :--- | :--- | | Profit Attributable to Owners of the Company | 260,400 | 277,358 | -6.1 | | Revenue | 2,329,800 | 2,385,408 | -2.3 | | Gross Profit | 620,400 | 645,162 | -3.8 | | Net Profit | 270,700 | 283,200 | -4.4 | | Net Profit Margin | 11.6% | 11.9% | -0.3 pp | | Basic Earnings Per Share (HK Cents) | 25.05 | 26.67 | -6.1 | | Interim Dividend (HK Cents/share) | 12.5 | 13.33 | -6.2 | | Net Gearing Ratio (as of June 30, 2025 vs December 31, 2024) | 8.2% | 13.5% | -5.3 pp | | Net Debt (as of June 30, 2025 vs December 31, 2024) | 300,400 | 477,300 | -37.1 | [Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income](index=2&type=section&id=Condensed%20Consolidated%20Statement%20of%20Profit%20or%20Loss%20and%20Other%20Comprehensive%20Income) This statement presents the company's consolidated profit or loss and comprehensive income for the six months ended June 30 Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income (for the Six Months Ended June 30) | Indicator | 2025 (HK$ Thousand) | 2024 (HK$ Thousand) | | :--- | :--- | :--- | | Revenue | 2,329,836 | 2,385,408 | | Cost of Sales | (1,709,402) | (1,740,246) | | Gross Profit | 620,434 | 645,162 | | Other Income | 44,207 | 19,428 | | Other Gains and Losses | (1,134) | 20,998 | | Selling and Distribution Expenses | (105,266) | (101,464) | | Administrative Expenses | (157,482) | (164,799) | | Research and Development Expenses | (55,080) | (51,046) | | Share of Results of Joint Ventures | 1,645 | 1,768 | | Finance Costs | (41,793) | (43,712) | | Profit Before Tax | 309,761 | 324,220 | | Income Tax Expense | (39,103) | (41,051) | | Profit for the Period | 270,658 | 283,169 | | Profit Attributable to Owners of the Company | 260,438 | 277,358 | | Profit Attributable to Non-controlling Interests | 10,220 | 5,811 | | Basic Earnings Per Share (HK Cents) | 25.05 | 26.67 | | Total Comprehensive Income for the Period | 287,160 | 209,945 | [Condensed Consolidated Statement of Financial Position](index=4&type=section&id=Condensed%20Consolidated%20Statement%20of%20Financial%20Position) This statement presents the company's consolidated financial position, including assets, liabilities, and equity as of June 30 Condensed Consolidated Statement of Financial Position (as of June 30) | Indicator | June 30, 2025 (HK$ Thousand) | December 31, 2024 (HK$ Thousand) | | :--- | :--- | :--- | | **Assets** | | | | Non-current Assets | 3,163,696 | 3,150,713 | | Current Assets | 3,257,141 | 3,362,056 | | **Liabilities** | | | | Current Liabilities | 1,874,073 | 1,867,066 | | Non-current Liabilities | 890,758 | 1,111,424 | | **Equity** | | | | Net Assets | 3,656,006 | 3,534,279 | | Equity Attributable to Owners of the Company | 3,558,565 | 3,447,058 | | Non-controlling Interests | 97,441 | 87,221 | | Total Equity | 3,656,006 | 3,534,279 | [Notes](index=6&type=section&id=Notes) This section provides detailed explanatory notes to the condensed consolidated financial statements, covering accounting policies and specific financial items [1. General Information](index=6&type=section&id=1.%20General%20Information) The company was incorporated in the Cayman Islands, listed on the HKEX, and uses Hong Kong Dollars as its functional currency - The Company was incorporated in the Cayman Islands as an exempted company with limited liability on June 14, 2013, and has been listed on the Main Board of the Stock Exchange of Hong Kong since May 23, 2014[9](index=9&type=chunk) - The functional currency of the Company and the presentation currency of the condensed consolidated financial statements is Hong Kong Dollars[10](index=10&type=chunk) [2. Basis of Preparation](index=6&type=section&id=2.%20Basis%20of%20Preparation) The condensed consolidated financial statements are prepared in accordance with HKAS 34 and applicable HKEX Listing Rules - The condensed consolidated financial statements have been prepared in accordance with Hong Kong Accounting Standard 34 'Interim Financial Reporting' issued by the Hong Kong Institute of Certified Public Accountants and the applicable disclosure requirements of Appendix D2 to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited[11](index=11&type=chunk) [3. Significant Accounting Policies](index=6&type=section&id=3.%20Significant%20Accounting%20Policies) The financial statements are prepared on a historical cost basis, with new HKFRS amendments having no material impact - The condensed consolidated financial statements are prepared on a historical cost basis[12](index=12&type=chunk) - The Group has applied the Hong Kong Financial Reporting Standards (Amendments) issued by the HKICPA for the first time in the current interim period, including HKAS 21 (Amendments) 'Lack of Exchangeability', which did not have a material impact on the Group's financial position and performance for the current and prior periods[13](index=13&type=chunk) [4. Revenue and Segment Information](index=7&type=section&id=4.%20Revenue%20and%20Segment%20Information) The Group's revenue primarily derives from manufacturing and trading elastic fabrics, lace, and elastic webbing, showing a slight decrease in total revenue - The Group's revenue is derived from the manufacturing and trading of elastic fabric materials, lace, and elastic webbing in Mainland China, Hong Kong, Vietnam, and Sri Lanka[14](index=14&type=chunk) Revenue Breakdown from Contracts with Customers (for the Six Months Ended June 30) | Product Category | 2025 (HK$ Thousand) | 2024 (HK$ Thousand) | | :--- | :--- | :--- | | Elastic Fabric Materials - Sportswear and Apparel | 1,230,597 | 1,301,906 | | Elastic Fabric Materials - Intimate Wear | 576,547 | 587,541 | | Lace | 22,076 | 27,800 | | Elastic Webbing | 500,616 | 468,161 | | **Total** | **2,329,836** | **2,385,408** | Segment Revenue and Results (for the Six Months Ended June 30) | Segment | 2025 Revenue (HK$ Thousand) | 2025 Segment Gross Profit (HK$ Thousand) | 2024 Revenue (HK$ Thousand) | 2024 Segment Gross Profit (HK$ Thousand) | | :--- | :--- | :--- | :--- | :--- | | Manufacturing and Trading of Elastic Fabric Materials and Lace | 1,829,220 | 505,274 | 1,917,247 | 528,105 | | Manufacturing and Trading of Elastic Webbing | 500,616 | 115,160 | 468,161 | 117,057 | | **Total** | **2,329,836** | **620,434** | **2,385,408** | **645,162** | [5. Profit Before Tax Has Been Arrived At After Charging (Crediting)](index=10&type=section&id=5.%20Profit%20Before%20Tax%20Has%20Been%20Arrived%20At%20After%20Charging%20(Crediting)) This section details the various expenses and income items impacting profit before tax, including depreciation, inventory costs, and exchange gains/losses Items Charged (Credited) to Profit Before Tax (for the Six Months Ended June 30) | Item | 2025 (HK$ Thousand) | 2024 (HK$ Thousand) | | :--- | :--- | :--- | | Depreciation of Property, Plant and Equipment | 191,873 | 203,463 | | Depreciation of Right-of-use Assets |

Group 1 - The core business of the company is the manufacturing and trading of elastic fabric materials, elastic webbing, and lace, with a focus on innovation and technology [2] - The company has established itself as a prominent supplier of sportswear and apparel fabric materials, collaborating with leading global sportswear brands such as Anta, Fila, Lululemon, Under Armour, and Uniqlo [2] - The company is a leader in the global lingerie materials market, providing comprehensive one-stop procurement solutions for lingerie brands, which helps clients reduce inventory levels and shorten production cycles [2] Group 2 - As of December 31, 2024, the company achieved total revenue of 4.687 billion yuan, representing a year-on-year growth of 20.49%, and a net profit attributable to the parent company of 563 million yuan, with a year-on-year increase of 75.29% [1] - The company's gross profit margin stands at 26.81%, and its debt-to-asset ratio is 45.73% [1] - The company's price-to-earnings ratio is 5.2 times, ranking 12th in the textile and apparel industry, which has an average price-to-earnings ratio of -12.09 times [1]

Core Viewpoint - The company, Super盈 International Holdings (02111.HK), has scheduled a board meeting on August 25, 2025, to consider and approve its interim results for the six months ending June 30, 2025, and to discuss the potential distribution of an interim dividend, along with any other matters [1] Group 1 - The board meeting is set for August 25, 2025 [1] - The meeting will address the interim results for the six months ending June 30, 2025 [1] - The company will consider the distribution of an interim dividend, if applicable [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。 Best Pacific International Holdings Limited 超盈國際控股有限公司 （於 開 曼 群 島 註 冊 成 立 的 有 限 公 司） （股 份 代 號：2111） 董事會會議召開日期 超盈國際控股有限公司（「本公司」，連 同 其 附 屬 公 司 統 稱「本集團」）董事會（「董 事 會」）茲 通 告，本 公 司 謹 定 於 二 零 二 五 年 八 月 二 十 五 日（星 期 一）舉行董事會會 議，以 考 慮 及 通 過 本 集 團 截 至 二 零 二 五 年 六 月 三 十 日 止 六 個 月 的 中 期 業 績，及 派發中期股息（如 有），以 及 處 理 任 何 其 他 事 項。 承董事會命 超盈國際控股有限公司 執 行 董 事、首 席 財 務 官 兼 公 司 秘 書 陳耀星 香 港，二 零 二 五 年 八 月 ...

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年7月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 超盈國際控股有限公司 呈交日期: 2025年8月1日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 02111 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 50,000,000,000 | HKD | | 0.01 | HKD | | 500,000,000 | | 增加 / 減少 (-) | | | 0 | | | | HKD | | 0 | | 本月底結存 | | | 50,000,000,000 | HKD | | 0.01 | HKD | | 500,000,000 | 本月 ...

Financial Performance - For the year ended December 31, 2024, Best Pacific achieved a record high overall sales revenue of approximately HK$5,061.3 million, marking an increase of approximately 20.5% compared to 2023[14]. - Revenue has grown significantly from approximately HK$1,860.9 million in 2014 to approximately HK$5,061.3 million in 2024, reflecting a compound annual growth rate of approximately 10.5% over the past decade[15]. - In 2024, the company's total sales revenue reached approximately HK$5,061.3 million, representing an increase of approximately 20.5% compared to HK$4,200.7 million in 2023[24]. - The overall gross profit for 2024 was approximately HK$1,356.8 million, reflecting a 35.2% increase from the previous year, resulting in a gross profit margin of approximately 26.8%, up by 2.9 percentage points[28]. - Profit attributable to owners of the company amounted to approximately HK$608.1 million for 2024, marking a 75.3% increase from approximately HK$347.0 million in 2023[29]. - Basic earnings per share for 2024 were approximately HK58.48 cents, an increase of 75.3% from approximately HK33.36 cents in 2023[29]. - The Group achieved a record high net profit of approximately HK$594.1 million for the year ended 31 December 2024, representing an increase of approximately 70.0% compared to approximately HK$349.4 million for the year ended 31 December 2023[76]. - The net profit margin increased to approximately 11.7% for the year ended 31 December 2024, up approximately 3.4 percentage points from approximately 8.3% for the year ended 31 December 2023[80]. - The Group attained an EBITDA of approximately HK$1,188.2 million for the year ended 31 December 2024, representing an increase of approximately 34.5% compared to approximately HK$883.6 million for the year ended 31 December 2023[78]. Market Trends and Expansion - The ongoing athleisure trend and consumers' growing focus on quality and functionality reveal substantial market potential in the sportswear and apparel sector[15]. - Best Pacific launched a new expansion project in Vietnam in the last quarter of 2024, leveraging nearly a decade of experience in the location[16]. - The company anticipates promising returns for shareholders and stakeholders from its continuous efforts in the new expansion project[16]. - The sportswear and apparel elastic fabric segment achieved a record revenue of approximately HK$2,805.7 million, an increase of approximately HK$625.7 million or 28.7% from HK$2,180.0 million in 2023[45]. - The company achieved a high-teens sales growth in Vietnam in 2024, continuing its strong performance from the previous year[34]. - In December 2024, the company acquired land use rights in Nghe An, Vietnam, to establish an advanced production facility, aiming to capture potential growth in sales orders[35]. - The Group plans to develop a second production base in Vietnam, with the first phase of production facilities expected to commence commercial production in 2026[129]. Economic Environment - The global economy experienced moderate growth in 2024, with an estimated world output growth of 3.2% according to the IMF[14]. - World trade volume rose, driven by robust exports from Asia, benefiting Asian textile and garment manufacturers[14]. - The U.S. experienced a year-on-year GDP growth of 2.8% in 2024, contributing to a favorable economic environment for the company's operations[23]. - Ongoing trade tensions and inflation in the U.S. pose risks to consumer confidence and spending, which could impact sales for Best Pacific[118]. - The IMF projects global GDP growth at 3.3% for both 2025 and 2026, which may influence Best Pacific's market strategies moving forward[115]. Operational Efficiency and Cost Management - The Group's cost of sales for 2024 amounted to approximately HK$3,704.5 million, an increase of approximately HK$507.4 million or 15.9% compared to HK$3,197.1 million in 2023[50]. - The gross profit margin improved to 26.8% in 2024 from 23.9% in 2023, driven by better production efficiencies and stable raw material prices[53]. - The Group's finance costs decreased by approximately 24.6% from approximately HK$116.2 million for the year ended 31 December 2023 to approximately HK$87.7 million for the year ended 31 December 2024[70]. - The average trade receivables turnover days improved to 58.3 days in 2024 from 60.5 days in 2023, a decrease of 2.2 days or 3.6%[89]. - The average inventory turnover days decreased to 111.8 days in 2024 from 122.4 days in 2023, a reduction of 10.6 days or 8.7%[89]. Shareholder Returns and Dividends - A final dividend of HK$15.91 cents per ordinary share was declared for the year ended 31 December 2024, compared to HK$11.38 cents per ordinary share for the year ended 31 December 2023[106]. - An interim dividend of HK$13.33 cents per ordinary share was paid on 4 October 2024, up from HK$5.3 cents per ordinary share in 2023[107]. - Best Pacific declared a final dividend of HK$0.1591 per share for the year ending December 31, 2024, compared to HK$0.1138 per share for the previous year, reflecting a significant increase of 40.0%[109]. Sustainability and Corporate Responsibility - Best Pacific's commitment to sustainability is highlighted by securing a sustainability-linked loan in 2024, confirming that its sustainability performance targets are relevant and ambitious[114]. - The Group made charitable donations totaling approximately HK$310,000 during the year[163]. - The Company has complied with relevant laws and regulations in the Cayman Islands, PRC, Hong Kong, Vietnam, Sri Lanka, and the U.S. for the year ended December 31, 2024[161]. Employee and Governance - The Group employed a total of 11,037 employees as of 31 December 2024, an increase from 9,604 employees as of 31 December 2023[98]. - The Group has a performance appraisal system in place to reward and recognize employees, promoting career development through training and advancement opportunities[152]. - The executive directors have renewed their service agreements for an extended term of three years starting from November 23, 2024, with amendments related to holiday and housing benefits[187]. - All directors are subject to retirement by rotation, with Mr. Lu, Mr. Wu, and Mr. Cheung eligible for re-election at the upcoming AGM[189]. - Directors' fees are subject to shareholders' approval, while other emoluments are determined by the Board based on directors' duties and the Group's performance[192].

Financial Performance - The group's revenue for the year ended December 31, 2024, was approximately HKD 5,061.3 million, an increase of about 20.5% compared to HKD 4,200.7 million for the year ended December 31, 2023[3]. - The gross profit margin for the year ended December 31, 2024, was approximately 26.8%, an increase of about 2.9 percentage points from the previous year[3]. - The net profit margin for the year ended December 31, 2024, was approximately 11.7%, an increase of about 3.4 percentage points compared to the previous year[3]. - The group's profit for the year ended December 31, 2024, was approximately HKD 594.1 million, an increase of about 70.0% from HKD 349.4 million for the year ended December 31, 2023[3]. - The basic earnings per share for the year ended December 31, 2024, was approximately HKD 58.48, an increase of about 75.3% from HKD 33.36 for the previous year[3]. - The group's EBITDA for the year ended December 31, 2024, was approximately HKD 1,188.2 million, an increase of about 34.5% from HKD 883.6 million for the year ended December 31, 2023[3]. - The total comprehensive income for the year ended December 31, 2024, was approximately HKD 475.7 million, compared to HKD 276.1 million for the previous year[6]. - The total revenue from external customers for the year ended December 31, 2024, was HKD 5,061,290, an increase from HKD 4,200,707 in 2023, representing a growth of approximately 20.5%[22]. - The gross profit for the fiscal year ending December 31, 2024, was approximately HKD 1,356.8 million, an increase of about 35.2% compared to the same period in 2023[50]. - The net profit attributable to shareholders for the fiscal year ending December 31, 2024, was approximately HKD 608.1 million, an increase of about 75.3% compared to the same period in 2023[52]. Dividends - The proposed final dividend per ordinary share for the year ended December 31, 2024, is HKD 15.91, compared to HKD 11.38 for the previous year[3]. - The company reported a mid-year dividend of HKD 0.1333 per share for 2024, compared to HKD 0.053 per share in 2023, reflecting an increase of approximately 151%[34]. - The total dividend for the year 2023 was HKD 0.1138 per share, up from HKD 0.0422 per share in 2022, representing a growth of about 169%[35]. - The final dividend declared for the year ending December 31, 2024, is HKD 0.1591 per share, compared to HKD 0.1138 per share for the previous year[102]. Assets and Liabilities - The company's non-current assets amounted to HKD 3,150,713,000 in 2024, compared to HKD 3,102,586,000 in 2023, reflecting a slight increase of 1.5%[8]. - Current assets increased to HKD 3,362,056,000 in 2024 from HKD 2,880,810,000 in 2023, marking a growth of approximately 16.7%[8]. - The net current asset value improved significantly to HKD 1,494,990,000 in 2024, up from HKD 778,309,000 in 2023, indicating a growth of about 92%[8]. - Non-current liabilities rose to HKD 1,111,424,000 in 2024, compared to HKD 565,354,000 in 2023, representing an increase of approximately 96.7%[10]. - The company's equity increased to HKD 3,534,279,000 in 2024 from HKD 3,315,541,000 in 2023, reflecting a growth of about 6.6%[10]. - The group's net asset to liability ratio as of December 31, 2024, was approximately 13.5%, down from 15.0% as of December 31, 2023[3]. Revenue Segments - Revenue from the sale of elastic fabrics, lace, and elastic bands was HKD 4,075,614,000 and HKD 985,676,000 respectively in 2024, showing strong performance in these segments[19]. - The revenue from elastic fabric materials reached approximately HKD 4,014.5 million in 2024, accounting for 79.3% of total revenue, with a year-on-year increase of 21.6%[57]. - The sportswear and apparel segment achieved a record revenue of approximately HKD 2,805.7 million, up about HKD 625.7 million or 28.7% from HKD 2,180.0 million in 2023[58]. - The lingerie elastic fabric material sales reached approximately HKD 1,208.8 million, an increase of about HKD 87.4 million or 7.8% compared to the previous year[60]. Expenses and Costs - The total cost of inventory recognized as an expense was HKD 3,704,524 in 2024, compared to HKD 3,197,081 in 2023, indicating an increase of about 15.9%[27]. - The financing costs for the year ended December 31, 2024, were HKD 87,653, down from HKD 116,224 in 2023, indicating a reduction of approximately 24.5%[22]. - The total income tax expense for 2024 was HKD 80,382, significantly higher than HKD 35,924 in 2023, representing an increase of about 123.5%[28]. - The depreciation of property, plant, and equipment was HKD 372,849 in 2024, compared to HKD 327,734 in 2023, reflecting an increase of approximately 13.8%[27]. - Sales and distribution expenses accounted for approximately 4.3% and 4.5% of total revenue for the years ended December 31, 2023, and December 31, 2024, respectively, indicating stable expense ratios[68]. - Administrative expenses as a percentage of total revenue decreased from approximately 7.2% for the year ended December 31, 2023, to 6.7% for the year ended December 31, 2024, primarily due to economies of scale achieved[70]. Research and Development - The group recorded a significant increase in research and development expenses, amounting to HKD 106.7 million for the year ended December 31, 2024, compared to HKD 85.3 million for the previous year[4]. - Research and development expenses remained stable at approximately 2.0% and 2.1% of total revenue for the years ended December 31, 2023, and December 31, 2024, respectively[71]. - The company is committed to enhancing R&D capabilities to meet the growing demand for innovative sportswear and apparel products[95]. Market Expansion and Strategy - The company plans to continue expanding its market presence in China, Hong Kong, Vietnam, and Sri Lanka, focusing on the manufacturing and sale of elastic fabrics and related products[17]. - The company plans to expand its operations in Vietnam, leveraging nearly ten years of local experience to implement a new project successfully[45]. - The company has acquired land use rights in Vietnam to initiate a new plan for establishing an advanced production base in the region[54]. - The company has observed significant business potential in Vietnam, leveraging existing knowledge and experience in the region[97]. Corporate Governance and Sustainability - The company is committed to maintaining high standards of corporate governance, which is crucial for sustainable development and growth[105]. - The company has achieved ISO 9001 certification, ensuring high standards in product quality and service[90]. - The company has received Bluesign® Standard certification, recognized as one of the strictest environmental standards for textile products[92]. - The company successfully obtained a sustainability-linked loan from a major bank, confirming the relevance and challenge of its sustainability performance targets[92]. Economic Outlook - The global economic growth for 2024 is projected at 3.2%, with the US GDP expected to grow by 2.8% driven by strong consumer spending[47]. - China's GDP growth for 2024 is reported at 5.0%, supported by a series of stimulus policies aimed at boosting consumer and investment confidence[47]. - Sri Lanka's textile and apparel export value is projected to be approximately $4.8 billion in 2024, representing a 5.0% increase from 2023[55]. - The company remains cautiously optimistic about the market outlook despite ongoing economic policy risks and geopolitical tensions[94]. Workforce and Employment - The group employed a total of 11,037 full-time employees as of December 31, 2024, an increase from 9,604 employees as of December 31, 2023, showing growth in workforce[87]. - The company has maintained its salary policy without significant changes, continuing to provide competitive compensation and regular training for employees[88].