Full Year 2025 Financial Results Summary

• US Tariffs wreaked havoc on industry in 2025;
  
• 2025 Revenues: $200.2 million down 10.2% while proactively managing down business from 2 largest clients in 2024; 2025 revenue on balance of business would have grown 2.7% when excluding these 2 clients;
• Record-high 7.9% net profit margin despite 10.2% reduction in revenue;
  
• Debt free with record-high US$41.5 million cash balance;
  
• Acquisition of activewear maker AAG's business positions us for growth in 2026;
  
• Early success of digitalization and platformization helping competitiveness and profitability going forward;
  
• Final dividend to remain at HK$7.0 cents despite the 7.4 % reduction in net profit.