Company Reports 53.9% Surge in Net Profit
TCF POST Report
HONG KONG – Regina Miracle International (Holdings) Limited, a global leader in the intimate wear sector, has announced its financial results for the fiscal year ending March 31, 2026, showcasing significant bottom-line growth despite a challenging macroeconomic landscape.
The Group reported a net profit of approximately HK$283.0 million, representing a robust 53.9% increase compared to the previous fiscal year. This performance translated into a net profit margin of 3.7%.
While total revenue for Fiscal 2026 reached HK$7,717.7 million—a slight decline from the HK$7,840.0 million recorded in Fiscal 2025—the company maintained steady operational output. Gross profit for the year stood at HK$1,739.0 million (a 22.5% margin), with EBITDA reaching HK$1,143.7 million (a 14.8% margin).
Strategic Growth in Specialized Categories
Mr. YY Hung, Chairman and CEO of Regina Miracle, highlighted the success of the company’s innovation strategy, particularly in its proprietary “Bonding” functional sportswear.
“We have continued to innovate alongside our brand partners and are encouraged that our proprietary Bonding functional sportswear business has effectively responded to the market’s pursuit of specialized vertical scenarios and refined user experiences, successfully entering the commercialization stage,” said Mr. Hung.
The Group’s performance was anchored by two key business segments:
- Intimate Wear: This remains the Group’s primary revenue driver, contributing HK$4,198.3 million (approx. USD 535.3 million), or 54.4% of total revenue, supported by strong sales from core brand partners.
- Sports Products: This segment delivered a 5.1% year-on-year revenue increase to HK$3,083.4 million, accounting for 40.0% of total revenue. Management noted that, when excluding the high-base effect of a major U.S. brand partner’s launch last year, the segment achieved sustained double-digit growth, driven by expansion into high-end running and outdoor sports categories.
Production and Operational Footprint
Regina Miracle continues to optimize its manufacturing and R&D footprint. The Group noted that the relocation of its Shenzhen R&D center to Zhaoqing is largely complete. This move reinforces the company’s “China for China” strategy, leveraging local R&D and manufacturing advantages to meet the agile demands of partners in the PRC market.
As of March 31, 2026, the Group’s production distribution is as follows:
- Vietnam: Serves as the primary hub, accounting for 83% of total revenue with approximately 29,000 employees.
- Chinese Mainland: Accounts for 17% of total revenue with approximately 6,000 employees.
Looking ahead, the company observes an evolving consumer market that increasingly favors granular segmentation and specialized experiences. Founded in Hong Kong in 1998, Regina Miracle continues to leverage its expertise across intimate wear, sports apparel, and consumer electronics components to maintain its competitive edge in the global supply chain.
