Core Viewpoint - Jiuxing Holdings (01836) experienced a decline of over 6% following the release of its 2025 interim results, with shares trading at HKD 15.75 and a transaction volume of HKD 37.73 million [1] Financial Performance - The company reported revenue of USD 775 million, reflecting a year-on-year increase of 0.66% [1] - The profit attributable to the parent company was USD 78.63 million, a decrease of 14.48% year-on-year [1] - Basic earnings per share were 9.5 cents, and the company proposed an interim dividend of 52 HK cents per share [1] Challenges Faced - The company faced short-term challenges in profitability due to two main factors: 1. Customers accelerated orders to meet the increased demand from the European summer tourism season ahead of the Paris Olympics, resulting in a high base effect with approximately 1 million pairs of orders shipped in advance for the first half of 2024 [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] Strategic Adjustments - To meet demand and ensure the achievement of customer objectives, the company has shifted some production to its factories in Vietnam, which has led to increased costs, including overtime expenses [1]
九兴控股绩后跌超6% 上半年纯利同比减少14.48% 中期息52港仙