Brief: Hypebeast Says Q1 Revenues Increased 57.9%
23/08/2021 10:42
Aug 23 (Reuters) - Hypebeast Ltd 0150.HK :
* REVENUES FOR FY2022 Q1 INCREASED 57.9% TO HK$200.8 MILLION
* GROSS PROFIT FOR FY2022 Q1 SURGED 131.1% YOY TO HK$117.1
MILLION
* REVENUES GROWTH EXPECTED TO CONTINUE AND ACCELERATE
THROUGHOUT
FY2022
* SEES INVENTORY PURCHASE LEVELS RETURN TO NORMAL AFTER A
ONE-TIME
ADJUSTMENT FOR FALL/WINTER 2020 SEASON
Source text for Eikon: ID:
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((Reuters.Briefs@thomsonreuters.com;))
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