Brief: Esprit Posts FY Loss Attributable Of HK$2,144 Mln

Esprit Holdings

18/09/2019 10:41

Sept 18 (Reuters) - Esprit Holdings Ltd  0330.HK :
    * FY REVENUE HK$12,932 MILLION VERSUS HK$15,455 MILLION
    * FY LOSS ATTRIBUTABLE HK$2,144 MILLION VERSUS LOSS OF
HK$2,554
MILLION
    * ANTICIPATES A LOW -DOUBLE-DIGIT PERCENTAGE DECLINE IN
REVENUE IN
FY19/20
    * FOR REGULAR OPEX, GROUP EXPECTS A HIGH-SINGLE-DIGIT
PERCENTAGE
REDUCTION YOY FOR FY19/20
    * AIMS TO ACHIEVE A SLIGHT IMPROVEMENT YOY INCREASE IN FY
GROSS
PROFIT MARGIN
    * "MACRO ENVIRONMENT IN FY19/20 CONTINUES TO PRESENT
CHALLENGES"

Source text for Eikon:  urn:newsml:reuters.com:*:nHKS7TNnWK
Further company coverage:  0330.HK 

 (Reuters.Briefs@thomsonreuters.com)