---
title: "Embry Holdings Reports Increased Losses for 2024"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/233642387.md"
description: "Embry Holdings Limited (HK:1388) reported a significant increase in losses for the year ended December 31, 2024, amounting to HK$373.4 million. The losses were attributed to impairments in assets and a decline in revenue and gross profit. This downturn may affect the company's market position and stakeholder confidence. Embry Holdings operates in the garment industry, focusing on lingerie production, and is listed on the Hong Kong Stock Exchange."
datetime: "2025-03-28T13:16:20.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/233642387.md)
  - [en](https://longbridge.com/en/news/233642387.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/233642387.md)
---

# Embry Holdings Reports Increased Losses for 2024

Embry Holdings Limited ( (HK:1388) ) has issued an update.

Embry Holdings Limited announced its financial results for the year ended December 31, 2024, reporting a significant increase in losses compared to the previous year. The company faced a loss of HK$373.4 million, primarily due to impairments in property, plant, equipment, and other assets, as well as a decrease in revenue and gross profit. This financial downturn may impact the company’s market positioning and stakeholder confidence.

**More about Embry Holdings Limited**

Embry Holdings Limited is a company incorporated in the Cayman Islands, operating in the garment industry with a focus on producing lingerie and related products. It is listed on the Hong Kong Stock Exchange and is managed by a board comprising executive and independent non-executive directors.

**YTD Price Performance:** 22.86%

**Average Trading Volume:** 364,893

**Technical Sentiment Signal:** Sell

**Current Market Cap:** HK$181.6M

See more data about 1388 stock on TipRanks’ Stock Analysis page.

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