Core Viewpoint - The company, Esprit Holdings (00330), anticipates a significant turnaround in its financial performance, projecting a net profit of approximately HKD 100 million for the six months ending June 30, 2025, compared to a net loss of about HKD 56 million for the same period in 2024 [1] Group 1: Financial Performance - The company has shifted from a high-cost, capital-intensive direct retail model to a light-asset, license-driven brand management model, marking a critical phase in its transformation journey [1] - For the ongoing business, initial revenue from newly signed licensing agreements has started to materialize, with cost efficiency significantly improved during the reporting period [1] - Revenue from continuing operations during the current period was approximately HKD 7 million, down from about HKD 26 million in the comparative period [1] Group 2: Cost Management - The company has achieved a substantial reduction in operating expenses by closing unprofitable subsidiaries, downsizing backend infrastructure, and eliminating fixed indirect costs [2] - Total operating expenses for continuing operations during the current period were approximately HKD 26 million, a decrease of 83% from about HKD 149 million in the comparative period [2] - As a result of these measures, the net loss for continuing operations was approximately HKD 21 million, compared to a net loss of about HKD 119 million in the comparative period, excluding a one-time other income of approximately HKD 128 million from the comparative period [2] Group 3: Discontinued Operations - The company reported a net profit of approximately HKD 22 million from discontinued operations during the current period, compared to a net loss of about HKD 65 million in the comparative period, contributing further to the overall profit for shareholders [2]
思捷环球(00330)发盈喜 预期中期纯利约1亿港元，同比扭亏为盈