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Win Hanverky Holdings Limited ( (HK:3322) ) has provided an announcement.
Win Hanverky Holdings Limited announced a reduction in its loss after taxation for the first half of 2025, reporting a loss of HK$60 million compared to HK$86 million in the same period of 2024. This improvement was largely driven by a turnaround in its high-end fashion retailing business, which saw an operating profit of HK$7 million due to the introduction of franchise stores. However, the sportswear manufacturing segment faced challenges, recording an operating loss of HK$19 million due to raw material issues in Southeast Asia. Additionally, the high-end functional outerwear manufacturing business experienced a temporary decline in revenue due to strategic adjustments aimed at increasing in-house production capacity.
More about Win Hanverky Holdings Limited
Win Hanverky Holdings Limited operates in the manufacturing industry, focusing on sportswear and high-end functional outerwear. The company also engages in high-end fashion retailing, with a market focus on enhancing growth and profitability through franchise and direct-operated stores.
Average Trading Volume: 175,714
Technical Sentiment Signal: Sell
Current Market Cap: HK$280M
Find detailed analytics on 3322 stock on TipRanks’ Stock Analysis page.