Crystal International H1 revenue rises; raises dividend

Crystal International

19/08/2026 09:43

Overview
Hong Kong apparel maker's H1 revenue rose yr/yr to $1.30 bln
Net profit for H1 increased to $109 mln from $98 mln a year earlier
Company raised interim dividend to HK18.0 cents per share from HK16.3 cents

Outlook
Crystal aims to complete more than 260 energy-efficiency measures by 2028
Crystal expects H2 yr/yr growth to outpace H1 as it drives workforce productivity and labour expansion
New hires of 6,000 in late H1 are expected to lift productivity and output growth in H2

Result Drivers
HIGHER GROSS PROFIT - Gross profit rose to $256 mln from $243 mln, supporting improved net profit
INCREASED ADMINISTRATIVE EXPENSES - Administrative expenses rose to $93.9 mln from $93.4 mln
INCREASED SELLING EXPENSES - Selling and distribution expenses increased to $19.9 mln from $16.1 mln

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
$1.30 bln
 

Analyst Coverage
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the apparel & accessories peer group is "buy."
Wall Street's median 12-month price target for Crystal International Group Ltd is HK$7.61, about 7.9% above its August 18 closing price of HK$7.05
The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 9 three months ago

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Aug 18 - China's 361 Degrees International interim revenue rises 8%

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)