Jiuxing Holdings (01836) announced interim results. Shareholders' profit attributable to shareholders was US$64.04 million, a year-on-year decrease of 18.6%

Zhitongcaijing · 3d ago

According to the Zhitong Finance App, Jiuxing Holdings (01836) announced results for the six months ended June 30, 2026, with revenue of US$787 million, up 1.5% year on year; profit attributable to parent company owners was US$64.04 million, down 18.6% year on year; basic profit per share was 7.8 US cents, with a proposed interim dividend of HK42 cents per share.

In terms of product categories, the company's sports category sales increased by 2.6%, accounting for 48.9% of total manufacturing business revenue (first half of 2025:48.5%). In this category, although the company's shipments to its biggest sports customers declined, this was more than offset by an increase in orders from the company's other broader sports customer base (particularly new customers). Revenue belonging to the luxury and fashion category (composed of luxury and fashion brands with similar product average sales prices) fell 4.8%, accounting for 31.1% of total manufacturing revenue (first half of 2025:33.2%), while customers in the luxury and fashion category all required products with simpler styles and lower average sales prices. Revenue from the leisure category increased by 11.3%, accounting for 20.0% of total revenue from the manufacturing business (first half of 2025:18.3%). This increase was mainly due to the consolidation of its suppliers by a major leisure customer and the advance of seasonal production for a casual customer to the review period before phasing out a shoe factory in the Philippines starting July 2026.