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Esprit Holdings Ltd Comments On H2 2013 Earnings Guidance

Tuesday, 7 May 2013 06:11am EDT 

Esprit Holdings Ltd announced that based on its review of the unaudited consolidated management accounts of the Group for the nine months ended March 31, 2013, the Group expects to record a substantial loss in the second half of 2013 which would result in an overall substantial loss for the Group in respect of fiscal 2013 . The anticipated loss in the second half of the financial year ending June 30, 2013 is mainly due to non-recurring provisions and impairments resulting from management’s assessment of the fair values of the assets of the Group , as well as a larger than expected operating loss. 

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28 Jul 2014