Giordano International (HK:0709) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Giordano International reported a 4.4% increase in third-quarter sales, driven by strong performance in Southeast Asia and online sales in Mainland China. Despite an overall slight year-to-date revenue decline of 1%, the company remains focused on achieving its annual targets through strategic initiatives and effective inventory management. With these efforts, Giordano aims to maintain a stable revenue performance for the year and continue its growth trajectory.
For further insights into HK:0709 stock, check out TipRanks’ Stock Analysis page.