Pacific Textiles sales up, profit flat amid cost pressures

Pacific Textiles Holdings (HKEX:1382) announced its annual results for the year ended March 31, 2025, showcasing a 6.7% increase in revenue to HK$5,057.6 million, driven by an 11.3% rise in sales volume, although offset slightly by a 4.5% dip in average sales prices. However, profit attributable to equity holders remained relatively flat at HK$167.6 million. The company faced headwinds from increased costs of sales, which rose 10.2%, and higher distribution expenses. Finance costs also slightly increased by 1.9% year-over-year. The company's Board recommends a final dividend of HK$0.05 per share, payable September 4, 2025 subject to shareholder approval. Looking ahead, the company anticipates near-term challenges from ongoing trade negotiations and has expressed optimism for long-term growth through product diversification and efficiency gains.