Texwinca’s revenue falls, but profit rises on improving operations
Yarn maker Texwinca Holdings Ltd. (0321.HK) on Wednesday said its revenue fell in its latest fiscal year through March, but its profit still recorded strong growth on improvement in its…
Trade tensions threaten to unravel Texhong turnaround story
The yarn maker has been profitable since the second half of 2023, but its recent turnaround could be threatened by new U.S. tariffs against Chinese exports Key Takeaways: Texhong reported…
Global yarn giant Texhong spins into the red
The company issued its second profit warning in the last seven months, as it fell into the red last year and began selling assets to raise cash Key Takeaways: Texhong…
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