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Giordano International ( (HK:0709) ) has provided an announcement.
Giordano International Limited reported a 5.2% increase in sales on a constant exchange rate basis for the first quarter of 2025, despite challenges from unfavorable exchange impacts. The Gulf Cooperation Council region showed significant growth, while Southeast Asia faced challenges. The company’s online business grew by 18.4%, driven by improvements in Mainland China, and wholesale revenue increased by 23.6%, particularly in the Philippines and Myanmar. Giordano remains committed to its ‘Beyond Boundaries’ 5-year strategic plan to achieve sustainable growth amidst global market challenges.
More about Giordano International
Giordano International Limited is a company incorporated in Bermuda with limited liability, primarily engaged in the retail and wholesale of apparel and accessories. The company operates across various regions including Greater China, Southeast Asia, Australia, and the Gulf Cooperation Council, with a focus on enhancing digital capabilities and operational excellence.
YTD Price Performance: -14.29%
Average Trading Volume: 2,275
Technical Sentiment Signal: Buy
Current Market Cap: $285.4M
Learn more about 0709 stock on TipRanks’ Stock Analysis page.