Greatime International half-year revenue falls on weak innerwear demand

Greatime International Holdings

31/08/2026 10:09

Overview
China textile maker's half-year revenue fell yr/yr, net loss narrowed slightly
Company posted RMB 22.9 mln net loss attributable to owners for the period
Lower gross profit and continued administrative expenses weighed on results

Outlook
Company says expected that revenue performance in the second half to outperform that of the first half

Result Drivers
WEAKER INNERWEAR DEMAND – Revenue fell 14.6% as weak customer demand cut innerwear sales volume to 13.6 mln pieces from 15.7 mln
LOWER FABRIC PRICING – Knitted-fabric revenue fell 17.0% as a higher share of lower-priced dyeing and printing subcontracting orders reduced average selling prices

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
RMB 202.60 mln
 
H1 Net Loss Attributable
 
RMB 22.90 mln
 

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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.)