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Esprit Holdings ( (HK:0330) ) has shared an announcement.
Esprit Holdings Limited has announced a positive profit alert for the first half of 2025, reporting an expected unaudited net profit of approximately HK$1 million, a significant turnaround from a HK$56 million net loss in the same period of 2024. This improvement is attributed to the company’s strategic shift to a licensing-driven business model, which has enhanced cost efficiencies and reduced operating expenses by 83%. The company has also established key partnerships in major markets, positioning itself for sustainable, long-term growth.
More about Esprit Holdings
Esprit Holdings Limited is a company incorporated in Bermuda, primarily engaged in the fashion industry. It has transitioned from a high-cost, capital-intensive direct-to-retail business model to an asset-light, licensing-driven brand management model, focusing on partnerships to expand its market presence, particularly in Greater China and the United States.
Average Trading Volume: 3,277,919
Technical Sentiment Signal: Sell
Current Market Cap: HK$283.1M
See more insights into 0330 stock on TipRanks’ Stock Analysis page.