Esprit Holdings (HK:0330) has released an update.
Esprit Holdings Limited reported a significant decrease in revenue and an operating loss in their unaudited interim financial results for the first half of 2024, with revenue falling from HK$3,025 million to HK$1,557 million compared to the same period last year. The company also experienced a decrease in gross profit from HK$1,352 million to HK$652 million, resulting in a modest loss attributable to shareholders of HK$(56) million, an improvement from the HK$(714) million loss in the previous year.
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