EEKA Fashion Holdings Limited (HK:3709) has released an update.
EEKA Fashion Holdings Limited reports a mixed financial performance for the first half of 2024, with the Koradior brand facing a mid-single-digit negative growth, while NAERSI and NEXY.CO brands experienced low-single-digit positive growths. Overall, the company anticipates a decrease in net profit of up to 40% when including share-based expenses, mainly due to reduced sales, increased investments in brand assets, and higher marketing costs. The provided unaudited operational data is preliminary and subject to change.
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