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Revenue from continuing operations increased 3 per cent year on year (YoY) to HK$1.63 billion (~$207.78 million, as per conversion rate of $1 = HK$7.8448 as on September 29, 2026) in the six months ended June 30, 2026. The gross profit rose 6.9 per cent to HK$274.97 million (~$35.05 million), while gross margin expanded to 16.9 per cent from 16.2 per cent.<\/p>\n
Win Hanverky posted equity-holder profit in H1 2026 as continuing revenue rose 3 per cent and operating profit recovered
\nSportswear manufacturing recovered and Barbour-led licensing grew, helped by lower Southeast Asia production and transport costs.
\nHigh-end outerwear stayed weak; a key sportswear customer’s order adjustments may affect H2 2026 and 2027 as management seeks new orders.<\/p>\n
The operating profit reached HK$6.02 million (~$767,391), compared with an operating loss of HK$21.23 million (~$2.71 million) a year earlier, Win Hanverky said in a press release.<\/p>\n
Loss from continuing operations narrowed to HK$16.28 million (~$2.08 million) from HK$47.14 million (~$6.01 million). A HK$6.86 million (~$874,468) profit from discontinued operations helped the group reduce its overall loss to HK$9.42 million (~$1.20 million), from HK$56.06 million (~$7.15 million). The profit attributable to equity holders was HK$5.93 million (~$755,918), against a loss of HK$43.54 million (~$5.55 million), with basic and diluted earnings per share of 0.5 Hong Kong cents.<\/p>\n
Sportswear manufacturing revenue increased 5 per cent to HK$1.25 billion (~$159.34 million), while the division recorded an operating profit of HK$4.94 million (~$629,719), compared with an operating loss of HK$17.63 million (~$2.25 million) in the prior-year period. The recovery followed the resolution of raw-material issues at Southeast Asian production facilities, reducing production and transport costs and partly offsetting US tariff effects.<\/p>\n
Fashion Brands and Licensing revenue surged 40.9 per cent to HK$199.93 million (~$25.49 million), with operating profit climbing to HK$37.76 million (~$4.81 million) from HK$13.87 million (~$1.77 million). The performance reflected revenue growth, cost discipline and the expansion of the Barbour franchise model.<\/p>\n
However, high-end functional outerwear manufacturing revenue fell 28.3 per cent to HK$179.73 million (~$22.91 million), as lower orders from a key customer and delayed shipments weighed on the business. Its operating loss widened to HK$36.68 million (~$4.68 million) from HK$17.47 million (~$2.23 million). The delayed shipments were subsequently delivered.<\/p>\n
The group continued to transfer its high-end fashion retailing business to a third-party buyer following a strategic review. This discontinued business generated revenue of HK$136.08 million (~$17.35 million) and operating profit of HK$7.85 million (~$1.00 million), compared with an operating loss of HK$7.01 million (~$893,589) a year earlier.<\/p>\n
Revenue in China (excluding Hong Kong and Macau) rose to HK$459.80 million (~$58.61 million) from HK$343.86 million (~$43.83 million), while sales to other Asian countries increased to HK$292.72 million (~$37.31 million) from HK$221.28 million (~$28.21 million). Hong Kong revenue also grew to HK$45.81 million (~$5.84 million).<\/p>\n
European revenue declined to HK$547.17 million (~$69.75 million) from HK$650.66 million (~$82.94 million), while US sales fell to HK$163.97 million (~$20.90 million) from HK$219.11 million (~$27.93 million). Revenue in Canada decreased to HK$9.98 million (~$1.27 million), whereas sales in other markets rose to HK$111.31 million (~$14.19 million).<\/p>\n
Win Hanverky expects a key customer’s order adjustments to have a significant effect on its sportswear manufacturing business in the second half of 2026 and into 2027. Management said it would seek to regain orders from the customer and win new business to mitigate the impact, while maintaining cost control, product diversification and business-model innovation.<\/p>\n
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Fibre2Fashion News Desk (SG) <\/p>\n
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