Knitwear maker Shenzhou sinks to 11-month low on lower FY profit

Shenzhou International group

30/03/2026 06:58

** Shares of knitwear products maker Shenzhou International Group 2313.HK fall 6.6% in the third straight session of losses to HK$48.8, their lowest point since April 17, 2025

** Stock set for the biggest one-day pct drop since April 7, 2025

** Shenzhou, with market capitalisation of $9.36 bln, said its 2025 net profit fell 6.7% y/y to 5.83 bln yuan ($120.15 mln), gross profit margin down 1.8 percentage points y/y to 26.3% in 2025, while sales were up 8.1% y/y at 30.99 bln yuan

** YTD, stock down 19.5%, Hang Seng Index .HSI down 3.8%

($1 = 6.9082 Chinese yuan renminbi)

($1 = 7.8319 Hong Kong dollars)

 (Reporting by Donny Kwok)

 ((donny.kwok@thomsonreuters.com))