Esprit expects FY2025 net loss to narrow to about HK$7 million

Reuters02-24
Esprit expects FY2025 net loss to narrow to about HK$7 million

Esprit Holdings Limited expects to record an unaudited net loss attributable to shareholders of about HK$7 million for the year ended 31 December 2025, sharply narrowed from a loss of about HK$1,227 million in 2024. The improvement is mainly driven by a substantial reduction in operating expenses from continuing operations and a one-off gain on deconsolidation linked to its restructuring. Revenue is expected to fall to around HK$20 million from about HK$42 million, mainly due to the cessation of European trademark licensing income after the transfer of those trademarks.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Esprit Holdings Limited published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260224-12028960), on February 24, 2026, and is solely responsible for the information contained therein.

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