HENDERSON INV's annual loss expanded to 120 million, no dividend declared

HK MingPao
2025.03.20 09:16
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HENDERSON INV's annual loss widened to HKD 120 million, and no dividend will be distributed. The increase in loss is mainly due to the accounting treatment of multiple store leases and the negative impact of outbound travel and cross-border consumption. The consolidated after-tax loss from 千色 Citistore and Unicorn for the fiscal year 2024 is HKD 116 million. Last year's revenue was HKD 1.535 billion, a year-on-year decrease of 1.03%. Looking ahead, the group will optimize its store network, expand its membership program, and utilize technology systems to adjust product types to attract customers