Net income attributable to shareholders was HK$66,084,000 ($8.5 mm) in the first half, up from just HK$757,000 a year ago, as revenues expanded 72% to HK$741,658,000 ($95.5 mm) from HK$430,952,000. Gross margin was up 270 basis points to 32.7%, while SG&A leveraged 510 b.p. on the higher revenues. The headwear manufacturing segment was up 66% to HK$392.6 million, also exceeding 2019 levels, as customer orders rapidly rebounded, supported by increased capacity at its Bangladesh factory. Segment operating profit jumped 153% to HK$89.1 million. Revenues from the trading business, which includes Drew ... Log in to view full article.