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Zhejiang Hangmin Co Ltd

Zhejiang Hangmin Co., Ltd. is a textile dyeing, printing, and finishing company operating in China through itself and its subsidiaries. It offers medium-to-high-grade cotton, linen, T/C, polyester-cotton, polyester-wool, and chemical fiber or blended fabrics. Its products are exported to Southeast Asia, the Middle East, North America, the European Union, Hong Kong, Macao, Taiwan, and other international markets. Founded in 1998, the company is headquartered in Hangzhou, China.

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Hangmin Co. reports first-half 2026 net profit of 300 million yuan, down 4.59% year on year

Hangmin Co. released its 2026 interim report, with net profit attributable to the parent company of 300 million yuan, a decrease of 4.59% from the same period last year. Total operating revenue was 3.888 billion yuan, a reduction of 1.555 billion yuan from a year earlier, down 28.56% year on year. Net cash inflow from operating activities was 752 million yuan, up 7.45% year on year. The company's latest asset-liability ratio was 28.74%, down 4.64 percentage points from the previous quarter; its latest gross margin was 18.29%, rising for two consecutive quarters.
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Hangmin Shares' First-Half Net Profit at 300 Million Yuan, Down 4.59% Year-on-Year

Hangmin Shares disclosed its 2026 semi-annual report, with net profit attributable to the parent company of 300 million yuan in the first half, down 4.59% year-on-year. Operating revenue for the same period was 3.888 billion yuan, down 28.56% year-on-year; basic earnings per share were 0.294 yuan.
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