- Business
- KNT Holdings Limited is an investment holding company principally engaged in the manufacturing, retailing and trading of garment products with a focus on bridesmaid dresses, bridal gowns and special occasion dresses; it also offers fashion apparel, fabrics, accessories and other garment-related items. The company provides value-added services encompassing fashion trend analysis, product design and development, raw material procurement, production, quality assurance and inventory management; it operates an online business platform for fashion apparel sales and manufactures primarily at its facility in Humen Town, Dongguan City, PRC, with subcontracting to third-party providers as needed. Incorporated in 1993 and headquartered at 30th Floor, EW International Tower, No. 120 Texaco Road, Tsuen Wan, New Territories, Hong Kong, KNT Holdings serves brand apparel companies mainly in the United States, Europe, Hong Kong, the United Kingdom and Australia.
For the fiscal year ended 31 March 2025, revenue rose 17.9% to HK$64.0 million, driven by higher sales volumes of bridesmaid dresses (33,427 thousand units at an average price of HK$222) and special occasion dresses, though gross margins declined to 9.8% amid elevated costs; the company reported a net loss of HK$23.8 million. In October 2024, it conducted a share placement issuing 168,486,000 new ordinary shares at HK$0.0315 each, raising net proceeds of approximately HK$4.8 million; a share consolidation of every 20 shares into one took effect on 31 October 2024, adjusting par value to HK$0.20. On 11 April 2025, KNT Holdings completed a rights issue of 151,637,790 new shares at HK$0.29 each on a three-for-one basis, generating net proceeds of HK$41.6 million to bolster working capital; on 2 May 2025, it signed a non-binding memorandum of understanding with Fine Vast Corporation Limited to explore collaboration in PRC petrochemical operations including gas production, processing and related services. In April 2025, the group modified leases for factory premises and staff dormitories with directors Chong Sik and Chong Pun, extending terms for one year at HK$2.69 million in gross payments.