Esprit Holdings Limited (the “Group”, stock code: 00330) has announced a significant decrease in net loss for the year ended 31 December 2025. According to preliminary figures, the Group expects an unaudited net loss of approximately HK$7.00 million, sharply down from the previous year’s loss of about HK$1.23 billion. The decline in net loss primarily reflects reduced operating expenses and a one-off gain on deconsolidation tied to ongoing restructuring efforts.
During 2025, the Group’s revenue was around HK$20.00 million, compared to approximately HK$42.00 million in 2024. The Group reports that the decrease stems mainly from the cessation of European trademark licensing income due to a transfer of those trademarks in connection with settlement proceedings involving former German subsidiaries. The Group retains trademarks for regions outside Europe (with the exception of footwear in the United States), enabling potential future expansion of its licensing business.
In terms of continuing operations, the net loss for 2025 is about HK$29.00 million, a notable reduction from the roughly HK$287.00 million in the prior year. This is attributed to operating expenses dropping to around HK$45.00 million in 2025, compared to roughly HK$311.00 million the year before when excluding one-off items, such as impairments totaling HK$119.00 million and loan and trade debtor impairments of HK$28.00 million. Even after factoring out the discontinued European trademark licensing business, underlying operating efficiency showed improvement.
From discontinued operations, the Group recorded a net profit of approximately HK$22.00 million in 2025 following a one-off gain on deconsolidation, in contrast to a net loss of around HK$940.00 million in 2024. This difference further contributed to the overall reduction in net loss attributable to shareholders.
The figures above are based on unaudited management accounts and information presently available. The final results may differ upon completion of the audit. Esprit Holdings Limited expects to publish its audited annual results in late March 2026. Shareholders and potential investors are advised to exercise caution when dealing in the Group’s securities.
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