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<Warning> PACIFICTEXTILES (01382.HK) Expects FY Net Profit to Drop to Up to HKD86 million
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PACIFICTEXTILES (01382.HK) issued a profit warning, expecting revenue and gross profit for the fiscal year ended 31 March 2026 to decline YoY. Net profit is projected to range between approximately HKD80 million and HKD86 million, compared with nearly HKD168 million in the same period last year. The decline was mainly attributable to increased trade tariffs imposed by the US and foreign exchange losses recorded during the period. The company stated that ongoing geopolitical tensions continue to create significant uncertainties for the business environment and may further drive up raw material production costs and fuel prices. It will continue to closely monitor and assess the overall impact of the relevant situation on its business. (gc/a) Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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