Asia
Texwinca Forecasts Up to 40% Jump in Fiscal 2026 Profit
Texwinca (HKG:0321) expects attributable profit for the year ended March 31 to increase about 30% to 40% from a year earlier, according to a Wednesday Hong Kong bourse filing.Shares of the textile manufacturer were down nearly 1% in late-morning trade on Thursday.The company said the expected increase was mainly driven by improved profit margins in its textile and garment business, following stronger cost-management measures.Texwinca also cited a turnaround in its retail and distribution business, supported by improved operating efficiency, optimization of its physical store network, and higher e-commerce contribution during the year.
HKG:0321
