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Esprit Holdings Ltd (0330.HK)

0330.HK on Hong Kong Stock

4.63HKD
22 Sep 2017
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Wed, Sep 20 2017

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Fashion group Esprit profit jumps threefold; sees slight revenue dip

HONG KONG Fashion group Esprit Holdings Ltd on Wednesday reported a more-than-threefold rise in full-year profit that came in slightly above the midpoint of the company's forecast as it trimmed operating costs.

Fashion group Esprit profit jumps threefold; sees slight revenue dip

HONG KONG, Sept 20 Fashion group Esprit Holdings Ltd on Wednesday reported a more-than-threefold rise in full-year profit that came in slightly above the midpoint of the company's forecast as it trimmed operating costs.

BRIEF-Esprit Holdings expects group to record FY net profit in range of about HK$50 mln to HK$80 mln

* For FY, company's management currently expects group to record a net profit in range of approximately hk$50 million to hk$80 million

BRIEF-Esprit updates on director

* Alexander Reid Hamilton independent non-executive director of company, was formerly an independent non -executive director of citic limited

BRIEF-Esprit Holdings clarifies on unusual price and trading volume movements of co

* Noted recent decreases in price and increases in trading volume of shares of company

BRIEF-Marlborough Wine Estates Group updates on wine supply agreement between unit and Great Esprit

* Advised it is unlikely Great Esprit will be able to meet minimum annual commitment to purchase bottled wine for FY ended June 30, 2017

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