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Esprit Posts Surge In Full-Year Profit

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Esprit Holdings H1 Profit Drops
Esprit H1 Net Profit Drops 74%

Esprit Holdings Ltd (OTC: ESPGY) reported a strong rise in its full-year net profit.

Esprit's net profit for the year surged to 873 million Hong Kong dollars (US$112.6 million), from HK$79 million, in the year-ago period.

Its revenue declined 11% to HK$30.17 billion, versus HK$33.77 billion.

Esprit recommended a final dividend of 15 HK cents per share.

Esprit shares closed at $3.45 yesterday.

Posted-In: profitEarnings News

 

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