Esprit Holdings H1 Profit Drops - Esprit Hldgs (OTC:ESPGY)

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Esprit Holdings Ltd.

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(OTC: ESPGY) reported a drop in its net profit for the six months ended December 2014.Esprit's net profit for the period shrank to 47 million Hong Kong dollars (US$6.1 million), versus a year-ago profit of HK$95 million. Its revenue fell 13.2% to HK$10.72 billion.The company's board also proposed an interim dividend of HK$0.015 per share, compared to HK$0.03 per share in the prior year.Esprit shares rose 0.90% to close at $2.24 yesterday.