• Tai Ping Carpets reported record revenue for the year ended June 30, 2026, driven by growth in EMEA and the Americas.
• Weak Mainland China demand and deferred major projects weighed on Asia sales, partially offsetting growth elsewhere.
• Manufacturing efficiencies and higher-value projects improved carpet margins despite fierce pricing competition in Asia.
• Expansion of US carpet manufacturing operations continued, with facility modernization underway to improve efficiency.
• Laetitia Anna Cecile Mergui will succeed Mark Stuart Worgan as CEO on January 1, 2027.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tai Ping Carpets International Limited published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20261020-12376615), on October 20, 2026, and is solely responsible for the information contained therein.