Tianci International, Inc. Reports Financial Results for Fiscal Quarter Ended January 31, 2026
HONG KONG, HK AND RENO, NV / ACCESS Newswire / March 13, 2026 / Tianci International, Inc. (the "Company" or "Tianci"), a global logistics service provider specializing in ocean freight forwarding, today announced its financial results for the fiscal quarter ended January 31, 2026.
Second Fiscal Quarter 2026 Highlights:
Revenue increased, quarter-to-quarter, by 87%, as global logistics revenue increased by 22% and was complemented by revenue of $1,315,855 resulting from our initial entry into the market for mineral ores.
General and administrative expenses increased from $1,999,225 in the quarter ended January 31, 2025 to $3,794,374 in the quarter ended January 31, 2026. As a result, the Company incurred a net loss of $417,124 in the quarter ended January 31, 2026, an increased loss compared to the quarter ended January 31, 2025.
Financial Results
Revenue from logistics operations for the quarter ended January 31, 2026, which represented 65% of the Company's overall revenue in that period, increased by 22% from the revenue generated by logistics operations during the quarter ended January 31, 2025. However, the cost of that revenue increased by 26% from the second quarter of fiscal year 2025 to the second quarter of fiscal year 2026, as demand for logistics services waned due to concerns about the implementation of tariffs, while shipping companies in the Southeast Asia market increased their pricing in an effort to offset the decline in demand for their services. As a result of the increase in cost of revenue, the Company's gross profit margin attributable to logistics operations decreased from 3.6% in the quarter ended January 31, 2025 to 3.5% in the quarter ended January 31, 2026, and decreased from 5.0% for the six months ended January 31, 2025 to 2.5% for the six months ended January 31, 2026.
To reduce the effect of declining demand in the Southeast Asia market, the Company intends to reorient its focus towards long-distance shipping lines, which generally produce higher profit margins. As one particular effort toward that reorientation, the Company has been accumulating an inventory of bulk chrome and manganese ore for the purpose of entering into the global commodity trade arena, and completed its initial mineral sales during the six months ended January 31, 2026. Those sales yielded $1,821,320 in revenue and a gross profit margin of 12.0%. By applying its core resource control capabilities and supply chain integration strengths with an in-house demand for shipping services, the Company looks to release itself from dependence on local demand for shipping services.
We recorded a net loss of $417,124 for the quarter ended January 31, 2026, primarily due to a 170% increase in general and administrative expenses arising from most aspects of our operations. Our bottom line net loss for the second quarter of $417,124, therefore, represented an increase of 276% in our quarterly net loss.
Our operations during the six months ended January 31, 2026 reduced our cash balance by $1,682,251 to $723,101. In addition to our net loss of $685,998, the greater portion of that cash drain was attributable to the increase of $561,754 in our accounts receivable. At January 31, 2026 our working capital was $2,506,100, a decline of $399,501 during the six months ended January 31, 2026.
About Tianci International, Inc.
Tianci International Inc., through its subsidiary Roshing, provides global logistics services specializing in ocean freight forwarding, including container and bulk goods shipping. Operating under an asset-light model, Roshing's logistics solutions are tailored to meet the diverse needs of its customers across the Asia-Pacific, including Hong Kong, Japan, South Korea, and Vietnam.
Starting in the current fiscal year, Roshing has expanded into global trade of bulk chrome and manganese ore by sourcing high-grade minerals directly from resource-rich regions for resale. Roshing intends to utilize optimized bulk vessel and container shipping, and provide end-to-end supply chain solutions for metallurgical and steelmaking customers.
Beyond logistics and mineral sales, Roshing generates revenue from the sale of electronic parts and business consulting services.
For more information, please visit the Company's website: tianci-ciit.com
Forward-Looking Statements
Certain statements in this announcement are forward-looking statements that involve known and unknown risks and uncertainties and are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as "approximates," "believes," "hopes," "expects," "anticipates," "estimates," "projects," "intends," "plans," "will," "would," "should," "could," "may" or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results. The Company encourages investors to review other factors that may affect its future results that are discussed in the Company's filings with the U.S. Securities and Exchange Commission.
For investor and media inquiries, please contact:
Tianci International, Inc.
Investor Relations
Email: [email protected]
Financial Summary Tables
The following financial information should be read in conjunction with the financial statements and accompanying notes filed by the Company with the Securities and Exchange Commission on Form 10-Q for the period ended January 31, 2026, which can be viewed at www.sec.gov and in the investor relations section of the Company's website at www.tianci-ciit.com.
TIANCI INTERNATIONAL, INC. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
(EXPRESSED IN UNITED STATES DOLLARS)
January 31,
July 31,
2026
2025
(Unaudited)
$
723,101
$
2,405,352
561,753
-
777,767
382,554
516,536
215,346
2,579,157
3,003,252
21,518
23,174
89,586
119,545
111,104
142,719
$
2,690,261
$
3,145,971
$
3,038
$
18,554
-
16,117
65,362
57,903
4,657
5,077
73,057
97,651
28,285
61,403
101,342
159,054
-
-
-
-
-
8
-
-
2,533
1,653
6,132,633
5,845,505
(3,530,856
)
(2,862,860
)
2,604,310
2,984,306
(15,391
)
2,611
2,588,919
2,986,917
$
2,690,261
$
3,145,971
TIANCI INTERNATIONAL, INC. AND SUBSIDIARIES
UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(EXPRESSED IN UNITED STATES DOLLARS)
For the three months ended January 31,
For the six months ended January 31,
2026
2025
2026
2025
(Unaudited)
(Unaudited)
(Unaudited)
(Unaudited)
$
2,531,360
$
2,070,083
$
5,747,241
$
4,829,776
1,315,855
-
1,821,320
-
37,469
9,120
134,350
230,367
3,884,684
2,079,203
7,702,911
5,060,143
2,522,643
1,995,569
5,604,300
4,586,434
1,260,538
-
1,601,690
-
11,193
3,656
22,360
165,300
3,794,374
1,999,225
7,228,350
4,751,734
90,310
79,978
474,561
308,409
45,170
15,036
89,580
100,224
462,264
171,211
1,070,912
431,604
507,434
186,247
1,160,492
531,828
(417,124
)
(106,269
)
(685,931
)
(223,419
)
-
-
(67
)
27,391
(417,124
)
(106,269
)
(685,998
)
(196,028
)
-
4,702
-
6,891
(417,124
)
(110,971
)
(685,998
)
(202,919
)
(17,226
)
2,380
(18,002
)
3,488
$
(399,898
)
$
(113,351
)
$
(667,996
)
$
(206,407
)
24,320,814
14,781,803
20,405,027
14,781,803
$
(0.02
)
$
(0.01
)
$
(0.03
)
$
(0.01
)
3,516
80,000
41,967
80,000
$
(0.02
)
$
(0.01
)
$
(0.03
)
$
(0.01
)
TIANCI INTERNATIONAL, INC. AND SUBSIDIARIES
UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(EXPRESSED IN UNITED STATES DOLLARS)
For the six months ended January 31,
2026
2025
(Unaudited)
(Unaudited)
$
(685,998
)
$
(202,919
)
29,959
-
(561,754
)
-
(357,662
)
(23,249
)
(13,190
)
-
1,656
-
(15,516
)
-
(53,665
)
(45,029
)
(25,659
)
-
(422
)
112,747
(1,682,251
)
(158,450
)
-
(74,125
)
-
(74,125
)
(1,682,251
)
(232,575
)
2,405,352
413,129
$
723,101
$
180,554
$
-
$
-
$
53,665
$
51,920
288,000
-
800
-
SOURCE: Tianci International Inc.