Giordano International Records Lower Profit in H1, Shares down 3%

MT Newswires Live08-15

Giordano International (HKG:0709) recorded a profit attributable to shareholders of HK$120 million for the six months ended June 30, lower than the HK$190 million recorded for the same period last year, a Thursday filing with the Hong Kong Exchange said.

The company saw earnings per share attributable to shareholders of HK$0.074 for the reporting period, as compared to the HK$0.118 per share logged for a year-ago period.

The company's revenue for the first half of the year came in at HK$1.90 billion, lower than HK$1.97 billion recorded a year ago.

The company attributed the decrease in revenue to a decline in revenue from China resulting from the overall economic trend and also as the result of cost-cutting measures taken by the company in China, which resulted in insignificant investment in brand marketing.

The company declared an interim dividend of HK$0.08 per share for the period as compared to the HK$0.17 per share declared last year.

The company's shares were down over 3% in recent trade.

Price (HKD): $1.52, Change: $-0.05, Percent Change: -3.18%

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2459821490?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-08-15 14:35","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2459821490","market":"sg","top_or_hot":-1,"title":"Giordano International Records Lower Profit in H1, Shares down 3%","media":"MT Newswires Live","content":"<html><body><p> Giordano International (HKG:0709) recorded a profit attributable to shareholders of HK$120 million for the six months ended June 30, lower than the HK$190 million recorded for the same period last year, a Thursday filing with the Hong Kong Exchange said.</p><p>The company saw earnings per share attributable to shareholders of HK$0.074 for the reporting period, as compared to the HK$0.118 per share logged for a year-ago period.</p><p>The company's revenue for the first half of the year came in at HK$1.90 billion, lower than HK$1.97 billion recorded a year ago.</p><p>The company attributed the decrease in revenue to a decline in revenue from China resulting from the overall economic trend and also as the result of cost-cutting measures taken by the company in China, which resulted in insignificant investment in brand marketing.</p><p>The company declared an interim dividend of HK$0.08 per share for the period as compared to the HK$0.17 per share declared last year.</p><p>The company's shares were down over 3% in recent trade.</p><p>Price (HKD): $1.52, Change: $-0.05, Percent Change: -3.18%</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Giordano International Records Lower Profit in H1, Shares down 3%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGiordano International Records Lower Profit in H1, Shares down 3%\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-08-15 14:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.mtnewswires.com/><strong>MT Newswires Live</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Giordano International (HKG:0709) recorded a profit attributable to shareholders of HK$120 million for the six months ended June 30, lower than the HK$190 million recorded for the same period last ...</p>\n\n<a href=\"https://www.mtnewswires.com/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1602","symbol_name":"香港零售股","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2459821490","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2459821490","pubTimestamp":1723703717,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Giordano International  recorded a profit attributable to shareholders of HK$120 million for the six months ended June 30, lower than the HK$190 million recorded for the same period last year, a Thursday filing with the Hong Kong Exchange said.The company saw earnings per share attributable to shareholders of HK$0.074 for the reporting period, as compared to the HK$0.118 per share logged for a year-ago period.The company's revenue for the first half of the year came in at HK$1.90 billion, lower than HK$1.97 billion recorded a year ago.The company attributed the decrease in revenue to a decline in revenue from China resulting from the overall economic trend and also as the result of cost-cutting measures taken by the company in China, which resulted in insignificant investment in brand marketing.The company declared an interim dividend of HK$0.08 per share for the period as compared to the HK$0.17 per share declared last year.The company's shares were down over 3% in recent trade.Price ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK1602":"香港零售股","BK4585":"ETF&股票定投概念","00709":"佐丹奴国际","HKD":"尚乘数科","BK4588":"碎股","BK1114":"服装零售","BK4526":"热门中概股","BK4023":"应用软件","BK1601":"香港本地股"},"translate_title":"佐丹奴国际上半年利润下降，股价下跌3%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"HKD":1,"00709":0.9},"content_text":"Giordano International (HKG:0709) recorded a profit attributable to shareholders of HK$120 million for the six months ended June 30, lower than the HK$190 million recorded for the same period last year, a Thursday filing with the Hong Kong Exchange said.The company saw earnings per share attributable to shareholders of HK$0.074 for the reporting period, as compared to the HK$0.118 per share logged for a year-ago period.The company's revenue for the first half of the year came in at HK$1.90 billion, lower than HK$1.97 billion recorded a year ago.The company attributed the decrease in revenue to a decline in revenue from China resulting from the overall economic trend and also as the result of cost-cutting measures taken by the company in China, which resulted in insignificant investment in brand marketing.The company declared an interim dividend of HK$0.08 per share for the period as compared to the HK$0.17 per share declared last year.The company's shares were down over 3% in recent trade.Price (HKD): $1.52, Change: $-0.05, Percent Change: -3.18%","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2459821490"}