1433.HK

Cirtek Net Profit Soars 9.1 times to HK$ $15.0 million in 2021

Retrieved on: 
星期三, 三月 30, 2022
Adoption, RFID, Company, Patent, Group, Board, Radio-frequency identification, HKEX, Industry, Technology, Review, COVID-19, Solution, Efficiency, Acquisition, Clothing, Retail, PRC, Limited

Armed with an expansive global network and by seizing business opportunities in the recovering market, the Group's revenue increased by approximately 39.8% year-to-year ("YoY") to approximately HK$362.5 million.

Key Points: 
  • Armed with an expansive global network and by seizing business opportunities in the recovering market, the Group's revenue increased by approximately 39.8% year-to-year ("YoY") to approximately HK$362.5 million.
  • At various countries relaxing anti-pandemic restrictions, demand for and sales of the Group's products increased and revenues from all major markets grew.
  • Profit attributable to owners of the Company achieved a year-on-year growth of over 9.1 times to approximately HK$15.0 million (2020: approximately HK$1.6 million).
  • Cirtek boasts its well-established geographical presence, and maintains strong relationships with apparel brands and their manufacturers, generating revenue from over 40 countries.