Pacific Textiles Holdings LimitedHKEX: 1382

Profit warning

· Issued by Pacific Textiles Holdings Limited via HKEXnews

Filed with HKEX · Stock code 1382 · · 2 pages · English

Summary by 6ix AI

Pacific Textiles Holdings Limited has issued a profit warning regarding its expected financial performance for the recent reporting period, indicating a significant decrease in profit compared to the previous year. The decline is attributed to rising production costs due to inflation and a notable increase in exchange losses, primarily from currency fluctuations. Despite these challenges, the management remains optimistic about future prospects, citing improvements in gross profit margins and order intake in September.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

Pacific Textiles Holdings Limited on 6ix

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