Grand Twins International's Exports & Stock Price Surge Amid Global Economic Uncertainty
Garment manufacturer Grand Twins International (GTI), a publicly listed company on the Cambodia Securities Exchange (CSX), has reported significant growth in export orders and stock price despite the challenging global economic landscape.
Beginning 2024 at around KHR 2,000 per share, GTI’s stock price surged to KHR 6,000 by the end of the year, and by May 2025, exceeded KHR 7,000 riel per share.
GTI supplies garments for renowned international brands such as POLO, PUMA, and New Balance. Following the United States' announcement of a sweeping tariff increase on goods exported from China – up to 245 per cent – GTI reported receiving double the usual number of orders from its overseas customers, which will help the company sustain production until the end of 2026.
At a listed company forum titled "Progress of Grand Twins International (Cambodia) Plc.", held on April 30, 2025, organised by the CSX in collaboration with GTI, Chen Tsung Chi, CEO of GTI, stated that the company has demonstrated robust production growth and solid financial performance in 2024, even amidst global economic uncertainty and fierce market competition.
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“The global trade landscape is evolving, with new challenges such as tariffs impacting many industries,” said Chen. “Over the past five years, GTI's exports to the U.S. have only accounted for 17-30 per cent, indicating our diversified market strategy and reduced dependence on the U.S. market.”
He added that GTI’s other target markets include Europe and other regions. As of the first quarter of 2025, exports to the U.S. accounted for only 25 per cent of GTI's total exports.
Reflecting on GTI’s rebounding stock performance over the past two years, rising from KHR 2,000 to over KHR 7,000, H.E. Hong Sok Hour, CEO of the CSX, advised investors not to panic during periods of sharp stock price fluctuations, as such times could also present opportunities for future profits.
Grand Twins International (Cambodia) Plc. listed on the CSX in 2014 with an IPO Price of KHR 9,640. Currently, the factory employs over 5,000 workers in Cambodia.
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