Esprit Holdings (00330.HK) announced on August 28th that the first half of 2024 was challenging and difficult for the company, resulting in a net loss of approximately 56 million Hong Kong dollars, compared to a net loss of approximately 0.714 billion Hong Kong dollars in the corresponding period. Nevertheless, the decrease in net loss was mainly due to a one-time gain of approximately 3.651 billion Hong Kong dollars from the cancellation of the merger. The total sales in this period were approximately 1.557 billion Hong Kong dollars, compared to approximately 3.025 billion Hong Kong dollars in the corresponding period, a decrease of approximately 49%. The gross profit in this period was approximately 0.652 billion Hong Kong dollars, compared to approximately 1.352 billion Hong Kong dollars in the corresponding period, a decrease of approximately 52%. The operating loss in this period was approximately 85 million Hong Kong dollars, compared to approximately 0.703 billion Hong Kong dollars in the corresponding period, a decrease of approximately 88%. The impairment losses of trademarks, rights to use assets, properties, plants, and equipment totaled approximately 1.721 billion Hong Kong dollars, along with a provision for the impairment of inventories and trade receivables totaling approximately 1.361 billion Hong Kong dollars, compared to 47 million Hong Kong dollars in the corresponding period. Due to the reasons for the merger cancellation described below, the company's operating performance in this period cannot be directly compared to the corresponding period.
思捷环球(00330.HK)上半年总销售额约15.57亿港元 同比减少约49%
esprit holdings (00330.HK) total sales in the first half of the year decreased by about 49% year-on-year to approximately 1.557 billion Hong Kong dollars.
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