Eagle Nice (International) Holdings Issues Profit Warning for FY2026
Key Points from the Announcement
- Significant Profit Decline Expected: Eagle Nice (International) Holdings Limited (stock code: 02368) has issued a profit warning, stating that profit attributable to shareholders for the year ended 31 March 2026 is expected to decrease by up to 30% compared to the prior year’s profit of HK\$217.2 million.
- Main Causes of Decline:
- US Tariffs on Southeast Asia: The implementation of new US government tariff policies targeting certain Southeast Asian countries in Q1 FY2026 has significantly raised production costs at the Group’s Southeast Asia bases. These tariffs have also disrupted supply chains between Southeast Asia and the Chinese Mainland.
- Falling Gross Profit Margins: Brand customers have adopted a more conservative approach in negotiating lower selling prices with the Group due to cost pressures from tariffs, shifting consumer demand, and heightened competition in the sportswear manufacturing industry.
- Rising Raw Material and Production Costs: Continuous appreciation of the Renminbi during FY2026 has resulted in a substantial increase in the cost of purchasing raw materials and production at the Group’s Chinese Mainland bases.
- Final Results Pending: The figures disclosed are based on preliminary internal assessments and have not yet been reviewed or audited. The audited annual results will be announced on Thursday, 11 June 2026.
- Board Composition: The Board consists of eight executive directors and four independent non-executive directors, with Mr. Chung Yuk Sing serving as Chairman.
Implications for Shareholders and Investors
- The anticipated profit decline of up to 30% is material and price sensitive. This marks a substantial year-on-year reduction and could have a negative impact on share price once fully factored in by the market.
- The profit warning is driven by external factors (such as US tariff policy and RMB appreciation) and industry trends (including competitive pricing pressure and changing consumer demand), highlighting ongoing risks in the Group’s operating environment.
- Investors should exercise caution and closely monitor further disclosures, particularly the final results announcement in June 2026, for confirmation of the extent of the profit decline and any potential management responses or strategic adjustments.
Conclusion
The profit warning issued by Eagle Nice (International) Holdings Limited is a significant development that could impact the company’s share price. The combination of increased tariffs, currency appreciation, and a tougher competitive environment has materially affected the Group’s profitability for FY2026. Investors and shareholders should stay alert for the full results and further company updates.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors are advised to exercise caution and consult professional advisers before making any investment decisions based on this information.
鷹美（國際）控股發出2026財年盈利預警
公告重點
- 預期盈利大幅下滑：鷹美（國際）控股有限公司（股份代號：02368）發出盈利警告，預計截至2026年3月31日止年度，歸屬股東的盈利將較上年度（2.172億港元）按年下跌不超過30%。
- 盈利下跌主因：
- 美國加徵東南亞關稅：美國政府於2026財年首季對部分東南亞國家實施新關稅政策，顯著推高集團於東南亞生產基地的生產成本，並影響中港及東南亞生產供應鏈。
- 毛利率下降：受關稅影響、消費者需求轉變及行業競爭加劇，品牌客戶在議價時更保守，導致集團銷售價格下跌，毛利率受壓。
- 原材料及生產成本上升：人民幣於2026年持續升值，導致集團在中國內地生產基地的原材料及生產成本大幅上升。
- 最終業績尚待公布：現時所披露數據僅為管理層初步評估，尚未經核數師審核。經審核的年度業績將於2026年6月11日（星期四）公布。
- 董事會組成：董事會由八名執行董事及四名獨立非執行董事組成，主席為鍾玉成先生。
對股東及投資者的啟示
- 預期盈利下跌最多三成，對公司屬重大且具價格敏感性信息，或會對公司股價帶來壓力。
- 盈利預警主要受外部因素（美國關稅、人民幣升值）及行業狀況（價格競爭、消費需求變化）影響，反映集團營運環境風險持續。
- 投資者應審慎行事，密切留意6月公布的最終業績，及公司管理層有否應對措施或作出策略調整。
總結
鷹美（國際）控股有限公司發出的盈利警告，對公司2026財年盈利構成重大影響。關稅、匯率及行業競爭三重壓力，令集團盈利能力明顯受損。股東及投資者宜密切留意公司後續公告及業績詳情。
免責聲明：本文僅供資訊參考，並不構成任何投資建議。投資者應審慎行事，並於作出任何投資決定前諮詢專業意見。
