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Forward Fashion Expects Turnaround with HK$7 Million Profit

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Forward Fashion Expects Turnaround with HK$7 Million Profit

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Forward Fashion (International) Holdings Company Limited ( (HK:2528) ) has provided an announcement.

Forward Fashion (International) Holdings Company Limited has announced a significant financial turnaround, expecting a net profit of at least HK$7 million for the first half of 2025, compared to a net loss of approximately HK$54.7 million in the same period of 2024. This improvement is attributed to the closure of underperforming stores and stringent cost control measures, although the retail environment remains challenging. The company plans to continue adapting its strategies in response to market trends and economic conditions.

More about Forward Fashion (International) Holdings Company Limited

Forward Fashion (International) Holdings Company Limited operates within the retail industry, focusing on fashion products. The company is incorporated in the Cayman Islands and is listed on the Hong Kong Stock Exchange.

Average Trading Volume: 92,390

Technical Sentiment Signal: Buy

Current Market Cap: HK$124M

For an in-depth examination of 2528 stock, go to TipRanks’ Overview page.

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