Lai Sun Garment (International) (DE:LAI3) has released an update.
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Lai Sun Garment’s subsidiaries, eSun Holdings and Lai Fung Holdings, reported significant financial losses for the year ending July 31, 2024, with eSun showing a HK$510.9 million loss and Lai Fung a HK$267.7 million loss. Both companies declared no dividends for the period, reflecting challenging market conditions. These results may influence investor sentiment given the substantial losses and absence of dividend payouts.
For further insights into DE:LAI3 stock, check out TipRanks’ Stock Analysis page.
