Lai Sun Garment (International) (DE:LAI3) has released an update.
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.
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