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High Fashion International Limited, an investment holding company, manufactures and trades garments in China, the United States, Europe, and internationally. The company operates in Manufacturing and Trading of Garments, and Property Investment and Development segments. It offers garments, fabrics, and accessories, as well as silk products. It is also involved in the holding of trademarks; manufacturing, trading, and retailing of garments; property development, management, and leasing; dyeing, printing, and sand washing of fabrics; provision of marketing, management, and investment services; and provision of silk weaving and silk culture tourism development services, as well as engages in the culture development activities. The company was founded in 1978 and is headquartered in Kwai Chung, Hong Kong.

	2021	2022	2023	2024	2025	TTM
Revenue
Total revenue	2,887.9	3,515.4	3,306.9	3,336.8	3,064.4	6,366.5
COGS	2,389.3	2,835	2,614.7	2,691.1	2,453.4	5,163.6
Gross Profit	498.5	680.4	692.2	762	611	1,202.9
Operating Expenses & Income
Operating Income	214.8	146.2	179.2	157.4	46.85	119.4
Total Operating Expenses	2,843.3	654.2	646.5	604.6	564.2	1,083.5
R&D Expenses	45.6	120.1	133.5	116.3	86.8	263.7
Selling General & Admin Expenses	458.6	317	298.4	286	283.3	427.9
Earnings from Continuing Operations
Interest Expense	(28.98)	(44.17)	(80.71)	(72.91)	(51.43)	(112.8)
Interest Income	27.74	44.17	80.71	72.91	51.43	82.89
Income Tax Expense	38.24	54.81	29.41	16.84	11.32	16.13
Net Income
Net Income	147.2	154	113.7	91.68	69.77	124.9
Supplemental
EBIT	214.8	254.4	223	185.7	46.85	119.3
EBITDA	273	276.5	295.4	251.6	106.9	249.7

High Fashion International Ltd