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Hypebeast ( (HK:0150) ) has provided an update.
Hypebeast Limited reported a significant decline in its financial performance for the fiscal year ending March 31, 2025, with revenue dropping by 25.6% to HK$666.5 million compared to the previous year. The company faced a net loss of HK$21.0 million, attributed to inventory provisioning adjustments and a slowdown in media revenue during the second half of the year, impacting its gross profit margin and overall profitability.
More about Hypebeast
Hypebeast Limited is a company incorporated in the Cayman Islands, operating primarily in the media and e-commerce sectors. It focuses on providing media content and retail services, with a significant presence in the Hong Kong market.
YTD Price Performance: -22.33%
Average Trading Volume: 534,560
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$342M
Learn more about 0150 stock on TipRanks’ Stock Analysis page.