Man Wah profit plunges on rising material costs
Furniture seller Man Wah Holdings Ltd. (1999.HK) said on Monday it expects to report a sharp drop in its profit for the six months through September, the first half of…
Is GigaCloud the latest ‘China Easter Egg’ on Wall Street?
The B2B e-commerce site’s stock jumped 30% after the release of its latest earnings report, which was filled with signs of turbulence from the U.S.-China trade war Key Takeaways: GigaCloud…
BRIEF: Ulferts warns of $5.8 million loss for its latest fiscal year
Furniture retailer Ulferts International Ltd. (1711.HK) warned on Wednesday it will report a loss of up to HK$45 million ($5.77 million) for its fiscal year through May, compared with a…
BRIEF: International Housewares interim profit falls more than 30%
Home furnishings retailer International Housewares Retail Co. Ltd. (1373.HK) said on Tuesday its profit for the first half of its fiscal year through October fell by 31% to 38% year-on-year…
Weak China market, potential Trump tariffs leave Man Wah sitting uncomfortably
The sofa maker has yet to catch a major cold from China’s property market slowdown, reporting its profit rose slightly in the first half of its current fiscal year Key…
AuGroup looks for home on Hong Kong Stock Exchange
The cross-border furniture seller reported its business continues to rebound from an incident that saw it temporarily banned from Amazon’s marketplaces in 2021 Key Takeaways: AuGroup has filed an updated…
GigaCloud’s business shines, but investors still rain on its parade
The B2B e-commerce company unveiled a $46 million share repurchase program in its latest move to revive its flagging share price Key Takeaways: GigaCloud’s revenue doubled in the second quarter…
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