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Article Date: August 2022
Word Count: 194

Mainland Headwear Posts Strong Growth in H1


Net income attributable to shareholders increased 28% in the first half to HK$ 84,486,000 ($10.8 mm) from HK$ 66,084,000 on 28% higher revenues of HK$ 941,912,000 ($120.0 mm) up from HK$ 741,658,000. The headwear manufacturing segment sales increased 43% to HK$ 562.0 million, powered by expanded capacity at the Bangladesh factory that enabled fulfillment of more quick-turn orders from customers. Manufacturing EBIT jumped 59% to HK$ 141.9 million. Sales at Mainland’s trading business, which consists of H3 Sportgear, San Diego Hat Company and Aquarius Ltd. in the U.S., ... Log in to view full article.

 


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