Core Viewpoint - The company, Intertek Textile (01382), anticipates a significant decline in profit for the six months ending September 30, 2025, with expected earnings attributable to equity holders ranging from approximately HKD 72 million to HKD 82 million, compared to HKD 107 million for the same period ending September 30, 2024 [1] Group 1: Financial Performance - The expected profit decline is primarily attributed to a reduction in sales orders and higher fixed cost amortization due to low production facility utilization [1] - The company reported that during the period from April to June 2025, U.S. tariffs on goods imported from Vietnam were raised significantly to 46%, leading to some U.S. customers suspending or canceling orders, which was a major factor in the profit decline [1] Group 2: Recovery Outlook - Starting from July 2025, U.S. import tariffs are gradually decreasing to 20%, and the company's sales order levels have returned to the levels seen in March 2025, with the utilization rate of the Vietnam facility recovering to 80% to 90% [1] - The company expects to announce its mid-term results for 2025/2026 on November 28, 2025 [1]
互太纺织:3月至9月归母净利润约7200万港元至8200万港元,同比下降