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Crocodile Garments Limited ( (HK:0122) ) has shared an announcement.
Crocodile Garments Limited has issued a profit warning, indicating a significant reduction in its loss before tax for the six months ending June 2025, narrowing by more than 50% to HK$12 million compared to the previous year’s HK$27 million. This improvement is attributed to successful shop network optimization and reduced net financing costs. However, due to the absence of a one-off income tax reversal recorded in the previous period, the loss attributable to owners is expected to increase to approximately HK$12 million from HK$8 million.
More about Crocodile Garments Limited
Crocodile Garments Limited is a company incorporated in Hong Kong, operating in the garment industry. It focuses on optimizing its shop network and reducing structural costs to improve financial performance.
Average Trading Volume: 41,306
Technical Sentiment Signal: Sell
Current Market Cap: HK$142.8M
For a thorough assessment of 0122 stock, go to TipRanks’ Stock Analysis page.