Core Viewpoint - Jiuxing Holdings (01836) experienced a decline of over 6% following the release of its interim results for 2025, with a current trading price of HKD 15.75 and a transaction volume of HKD 37.73 million [1] Financial Performance - The company reported revenue of USD 775 million for the first half of 2025, representing a year-on-year increase of 0.66% [1] - The profit attributable to the parent company was USD 78.63 million, reflecting a year-on-year decrease of 14.48% [1] - Basic earnings per share were 9.5 cents, and the company proposed an interim dividend of 52 HKD cents per share [1] Operational Challenges - The company faced short-term challenges in profitability due to two main factors: 1. Customers advanced orders of approximately 1 million pairs to capitalize on the surge in demand during the last summer tourism season in Europe ahead of the Paris Olympics, resulting in a high base effect [1] 2. Short-term operational efficiency issues related to increased production capacity in Indonesia and the Philippines, where local labor productivity has not yet reached optimal levels [1] - To meet demand and ensure customer objectives, the company shifted some production to its factory in Vietnam, leading to increased costs, including overtime expenses [1]
港股异动 | 九兴控股(01836)绩后跌超6% 上半年纯利同比减少14.48% 中期息52港仙